Last week, Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), also known as TSMC, crossed an important psychological threshold for investors. The Taiwanese company surpassed the market capitalization of $ 1 trillion, which made it the first Asian company to make it, as the Chinese oil and gas giant in China briefly achieved this cornerstone in 2007, Gurufocus notes.
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TSMC produces the most modern computer chips in the world, which are essential for the performance of the most complex AI tasks. The company makes chips for various technology giants, including NVIDIA and Apple.
At the time of writing, TSMC has a market capitalization of approximately $ 1.2 trillion. The chipiture giant has achieved this evaluation of 12 digits for the power of its chip business in recent months, which has noted a jump in demand thanks to the boom of artificial intelligence that covers the world.
But the question that many people can wonder now is who is the next line to join the $ 1 trillion club? Here’s what the numbers say.
The list of companies rated at $ 1 trillion or more is quite short. At present, only 11 companies have an estimate of 12 figures, according to data composed of companiesMarketcap.com.
Companies with trillion dollar market restrictions are currently included:
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Nvidia ($ 4.1 trillion)
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Microsoft ($ 3.7 trillion)
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Apple ($ 3.1 trillion)
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Amazon ($ 2.4 trillion)
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Alphabet/Google ($ 2.3 trillion)
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Meta platforms ($ 1.7 trillion)
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Saudi Aramko ($ 1.6 trillion)
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Broadcom ($ 1.3 trillion)
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Tsmc ($ 1.2 trillion)
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Tesla ($ 1 trillion)
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Berkshire Hathaway ($ 1 trillion)
While TSMC is the most recent member of this respected list, the company that heads the diagram, NVIDIA, is the most noticeable. Not only is it the most precious company in the world, but also the only company that has ever reached a market capitalization of $ 4 trillion, which it has achieved earlier this month.
Since it is quite difficult to predict how the stock exchange-individual shares will be presented in the future, it is also almost impossible to say with any security which company can be the next one to pass the threshold of the trillion dollar.
Companies that are closest now could have a disaster strike next week and see the prices of their shares to immerse themselves as a result by taking them farther from a 12-digit brand.