The technology industry has been rapidly expanding, and one company that has been making waves is Nvidia. Recently, Nvidia became the first publicly traded company to reach a valuation of $4 trillion, a milestone that no other company has achieved before. However, it’s worth noting that China’s PetroChina was the first company to become a trillion-dollar company, achieving this feat in 2007 with a market cap of $1 trillion. Today, PetroChina’s market cap stands at $21.747 billion, ranking it as the 66th most valuable company in the world.
India’s most valuable company is Reliance Industries, with a market cap of $24.309 billion, ranking it as the 53rd most valuable company globally. The list of trillion-dollar companies has been growing over the years, with Apple and Amazon achieving this milestone in 2018, followed by Saudi Aramco and Microsoft in 2019. Other companies that have joined the trillion-dollar club include Meta, Tesla, Berkshire Hathaway, TSMC, and Broadcom.
In terms of achieving higher valuations, Saudi Aramco became the first company to reach a market cap of $2 trillion in 2019, followed by Apple in 2020. Microsoft and Alphabet also achieved this milestone in 2021, and Nvidia and Amazon joined the group in 2024. So far, only three companies have reached the $3 trillion club: Apple in 2022, and Microsoft and Nvidia in 2024. Nvidia’s achievement of reaching a market cap of $4 trillion is a significant milestone, cementing its position as a leader in the technology industry.
The list of trillion-dollar companies is as follows:
* $1 trillion: PetroChina (2007), Apple (2018), Amazon (2018), Saudi Aramco (2019), Microsoft (2019), Alphabet (2020), Meta (2021), Tesla (2021), Nvidia (2023), Berkshire Hathaway (2024), TSMC (2024), Broadcom (2024)
* $2 trillion: Saudi Aramco (2019), Apple (2020), Microsoft (2021), Alphabet (2021), Nvidia (2024), Amazon (2024)
* $3 trillion: Apple (2022), Microsoft (2024), Nvidia (2024)
* $4 trillion: Nvidia (2025)
Nvidia’s achievement is a testament to the company’s innovative approach and investments in AI technology, making it a significant player in the industry. As the technology industry continues to evolve, it will be interesting to see how other companies respond to Nvidia’s achievement and strive to reach similar milestones.