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US Tech Giants Hold 60 of Top 100 Firms as Nvidia Leads Valuations

Investor reallocations driven by tariff uncertainty have uplifted some European stocks after US markets wobbled last quarter.

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Overview

  • US companies occupy 60 of the top 100 slots in EY’s June 30 market-cap ranking.
  • Nvidia tops the list at $3.85 trillion, followed by Microsoft and Apple.
  • SAP’s $354 billion valuation secures 27th place, making it Europe’s highest-ranked firm for the first time in EY’s history.
  • Only three German firms appear in the top 100 and seven make the top 300 after tariff-driven investor shifts.
  • Major European automakers fall outside the top 300 as AI-focused industries surge in market value.