Source: MarketCapWatch
This ranking highlights the financial scale of the companies powering the backbone of artificial intelligence — from GPUs and chips to cloud platforms and enterprise AI. NVIDIA ($4.45T) leads by a wide margin, cementing its role as the compute engine of the AI era. Microsoft ($3.8T), Apple ($3.6T), and Alphabet ($2.9T) follow as hyperscale cloud and platform leaders, while Amazon ($2.3T) and Meta ($1.8T) continue to expand their AI infrastructure footprints.
Beyond the U.S. giants, Tencent ($757B), Alibaba ($355B), Samsung ($430B), and Cambricon ($73B) showcase Asia’s growing role in AI infrastructure. Palantir ($416B) stands out as a specialized AI platform player, while AMD ($349B), Intel ($173B), and Qualcomm ($165B) remain critical in the chip race.
None of these except maybe for Palantir are purely AI companies though. They were all successful businesses with established products and services long before generative AI came along. Quite unlike what caused the dotcom crash.
Palantir was still a horror show before AI came along