Who are the 10 most valuable companies in the world?

For a few days, there is a lot of discussions about which is the most expensive company in the world. The chip company Nvidia has written its name as the top company just leaving behind the famous company like Microsoft. They have created high-performance chips required for AI or artificial intelligence technology. But Microsoft has once again overtaken Nvidia as the most valuable company in the world.

Which company is the most expensive depends mainly on the company's share price. The combined value of all the stocks a company has in the market is known as the market capitalization. It is mainly based on this market capitalization that there is so much talk about this expensive company. As the share price increases, the company's market capitalization increases; Likewise, if the share price falls, the market capitalization decreases.

Let's see which are the most valuable companies in the world right now.

Microsoft: 

At the time of writing this report on Sunday afternoon, Microsoft was the seat of the most expensive company in the world. At that time, the market capitalization of this software company was 3.34 trillion or 3.34 billion dollars. In 2019, Microsoft's market capitalization reached $1 trillion for the first time. In the current year, it exceeds 3 lakh crore dollars. The market capitalization of this company has increased by 19.61 percent so far this year.

Apple: 

Last Saturday another technology company Apple's market capitalization was 3.18 trillion or 3.18 billion dollars. It is now the second-largest company in the world by market capitalization. In 2018, Apple's market capitalization rose to $1 trillion for the first time. Then in 2022, they became the first company in the history of the world to touch the milestone of 3 trillion dollars.

Nvidia: 

Last week, chip maker Nvidia became the world's most valuable company. After that, there was an uproar all over the world. They overtook Microsoft as the world's most valuable company, but within two days, Nvidia lost the top spot to Microsoft. At the time of writing this report on Sunday afternoon, the market capitalization of the company was 311,000 million dollars. At the end of 2022, Nvidia's market capitalization was $36,418 million. The market capitalization of this company has increased by 194.14 percent in the last year.

Alphabet: 

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Search engine Google's parent company Alphabet is not far behind. Their position is fourth in the list of the most valuable companies in the world. At the time of writing this report on Sunday, Google's market capitalization was 221,000 million dollars. Alphabet's market capitalization has increased by 45.52 percent in the last year. Alphabet's market capitalization at year-end 2020 was $1.18 trillion.

Amazon: 

In the list of the most valuable companies in the world, another famous company, Amazon, is in fifth place. Amazon, which started its business by selling books online, now has a market capitalization of $1.96 billion. The market capitalization of this company has increased by 45.28 percent in the last year. At the end of 2020, Amazon's market capitalization was 163 billion dollars. At the end of 2022, however, Amazon's market capitalization dropped to $85,694 million.

Saudi Aramco: 

Top 10 Most Valuable Companies Top Five Tech Firms Saudi Arabia's state-owned oil company Aramco is in sixth place. At the time of writing this report, the company had a market capitalization of $1.78 trillion. However, in the last year, the market capitalization of Saudi Aramco has decreased by 14.17 percent. Their market capitalization has decreased mainly due to the fall in crude oil prices in the global market.

Meta: 

Seventh in the list of top 10 most valuable companies is Meta, the parent company of Facebook, one of the world's most popular social media. At the time of writing the report, the market capitalization of this company was 1 lakh 25 thousand crores. The market capitalization of this company has increased by 73.68 percent in the last one year. In 2021, Meta's market capitalization was $92,193 million. After that, Meta suffered huge losses in the data leak scandal. In 2022, their market capitalization decreased to 31 thousand 988 million dollars. After that, however, they turned around a lot.

TSMC: 

While the previous companies on the list are well-known, the company is not. The company's full name is Taiwan Semiconductor Manufacturing Company—the world's third-largest semiconductor manufacturer. At the time of writing this report, TSMC's market capitalization was $90,223 million. Their market capitalization has increased by 68.68 percent in the last year.

Berkshire Hathaway:

Warren Buffett's company Berkshire Hathaway ranks ninth. At the time of writing this report, the company's market capitalization was $88,479 million. Berkshire Hathaway's market capitalization has increased by 21.56 percent in the past year. This company has business in various sectors including the financial sector, energy supply, manufacturing, retail wholesale.

Eli Lilly: 

It is one of the largest pharmaceutical companies in the world. They have drug manufacturing plants in 13 countries around the world; the Total staff is 33 thousand. At the time of writing this report, Eli Lilly's market capitalization was $84,400 million. The market capitalization of this company has increased by 93.12 percent in the last year.

It turns out that more than half of the world's top 10 most valuable companies are technology companies. This data shows that the impact of technology on people's lives and businesses is increasing.

Especially since the COVID pandemic, the penetration of tech companies is increasing rapidly. In the last four years, the market capitalization of these companies has increased from 1 trillion to 2 trillion and then to 3 trillion. Nvidia's rise to tech giants working on AI is even more notable. The indication that the future world will depend on AI is available through this.

Source: companiesmarketcap.com