– Nvidia emerged as the largest global gainer in market capitalization for 2024 due to growing interest in artificial intelligence and strong demand for its AI-centric chips across various industries.

The chipmaker’s market value grew by more than $2 trillion last year, reaching $3.28 trillion at the end of 2024, making it the second most valuable listed company in the world. Its market value was $1.2 trillion at the end of 2023.

Meanwhile, Apple continues to lead global companies in market value, nearing a historic $4 trillion valuation. The increase was fueled by investor enthusiasm for the company’s expected AI enhancements, which are aimed at reviving sluggish iPhone sales.

At the end of 2024, Microsoft was in third place with a market value of $3.1 trillion, followed by Alphabet Inc and Amazon, each worth about $2.3 trillion.

These tech companies significantly outperformed their respective global indexes in 2024, with the S&P 500 index up 23.3% and the Nasdaq up 28.6%.

Despite higher share prices, increased U.S.-China tariff tensions, and a possible U.S. interest rate cut, analysts are optimistic about continued strong performance from tech firms in 2025.

Wedbush’s Daniel Ives predicts a 25% rise in tech stocks in 2025, driven by a less regulatory environment under Donald Trump, strong AI initiatives to come, and a stable base for big tech and Tesla in 2025 and beyond. Declare.

“We believe tech stocks will be strong in 2025 on the shoulders of the AI ​​revolution and an additional $2 trillion in AI capex over the next 3 years,” he said.

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