The Trillion Dollar Race in 2024: Apple, Microsoft, and Nvidia Compete for Market Dominance
In 2024, Apple, Microsoft, and Nvidia were battling for supremacy in the $1 trillion market cap club.
Apple, the first US company to reach a $1 trillion valuation in 2018, briefly hit $3 trillion in January 2022. Microsoft followed suit, hitting $3 trillion in January 2024.
Nvidia's growth has been extraordinary, starting at $360 billion in 2022 and surpassing $1 trillion in May 2023, $2 trillion by March 2024, and $3 trillion by June 2024. By October 2024, Nvidia had overtaken Microsoft and challenged Apple's long-standing lead.
