Due to the strong demand for its AI-centric chips across various industries and the growing interest in artificial intelligence, Nvidia became the largest worldwide gainer in market capitalization for 2024.
By the end of 2024, the chipmaker’s market value had risen by more than $2 trillion, to $3.28 trillion, making it the second most valuable listed firm globally.
By the end of 2023, its market value was $1.2 trillion.
Apple maintained its position as the most valuable company in the world, approaching a record $4 trillion valuation.
Investor excitement over the company’s planned AI improvements, intended to boost slow iPhone sales, drove this spike.
Microsoft, with a market worth of $3.1 trillion at the end of 2024, came in third place, followed by Alphabet Inc. and Amazon, all of which had a market value of about $2.3 trillion.
With the S&P 500 index rising 23.3% and the Nasdaq rising 28.6% in 2024, these IT companies dramatically increased their respective worldwide indexes.
Laptops 1000Analysts are nevertheless hopeful about IT companies’ continued excellent performance in 2025, despite the shares’ greater valuations, impending U.S.-China tariff concerns, and possibly slower U.S. interest rate decreases.
Wedbush analyst Daniel Ives projects a 25% increase in tech equities in 2025, citing a secure foundation for Big Tech and Tesla, a less regulated environment under Donald Trump, and upcoming robust AI programs as reasons for possible growth.
“We believe tech stocks will be robust in 2025 on the shoulders of the AI Revolution and $2 trillion+ of incremental AI cap-ex over the next 3 years,” added the analyst.
