US Tech Giants Dominate Global Market as AI Drives Record Valuations
Apple, Nvidia, and Microsoft lead the top 100 most valuable companies, while only three German firms make the list, reflecting Europe's struggle in the tech sector.
- Apple retains its position as the world's most valuable company with a market capitalization of $3.78 trillion, followed by Nvidia at $3.28 trillion and Microsoft at $3.13 trillion.
- The United States accounts for 62 of the top 100 companies, with nine of the top ten spots held by US tech giants, driven by advancements in artificial intelligence.
- Germany is represented by only three companies—SAP, Siemens, and Deutsche Telekom—marking a slight improvement from two in 2023 but still far behind global leaders.
- The decline of Germany's automotive giants, including Volkswagen, Mercedes-Benz, BMW, and Porsche, has contributed to the country's diminished presence in global rankings.
- Europe's share in the top 100 continues to shrink, with only 18 companies on the list, led by Denmark's Novo Nordisk at 14th place, highlighting the region's lag in the tech and AI sectors.