Chipmakers shine among world’s top 10 most valuable firms

By Abdulkadir Gunyol

ISTANBUL (AA) — US artificial intelligence (AI) chipmaker Nvidia topped the list of the world’s top 10 most valuable firms, while the Taiwan Semiconductor Manufacturing Company (TSMC) ranked eighth among the multi-trillion-dollar-worth companies, according to Marketcap data compiled by Anadolu.

Nvidia dominated the world ranking with its $3.6 trillion market cap, snatching the top spot with its AI chips and solutions, as well as high-performance and sought-after graphics processing units on the market.

The California-based company recently invested in self-driving cars and human-like robots, expanding its future product lines and reaching a wider market.

Apple ranked second on the list with a market cap of $3.4 trillion, followed by Microsoft with $3.1 trillion, Google parent company Alphabet with $2.2 trillion, Amazon with $2.2 trillion, oil and natural gas company Saudi Aramco with $1.8 trillion, and Meta Platforms, which owns social media giant Facebook, with $1.4 trillion.

TSMC, the world’s largest chipmaker, ranked eighth with a market cap of just over $1 trillion. It produces advanced 5-nanometer and 3-nanometer chips for tech giants like Apple, Nvidia, and Qualcomm for use in high performance mobile devices and AI applications.

Meanwhile, conglomerate Berkshire Hathaway ranked ninth with a $991.1 billion market cap, with Tesla 10th at $953 billion.

*Writing by Emir Yildirim