Ranked: The 20 Biggest Tech Companies by Market Cap

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June 17, 2024 Graphics/Design:

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Ranked: The 20 Biggest Tech Companies by Market Cap

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The world’s 20 biggest tech companies are worth over $20 trillion in total. To put this in perspective, this is nearly 18% of the stock market value globally.

This graphic shows which companies top the ranks, using data from Companiesmarketcap.com.

A Closer Look at The Top 20

Market capitalization (market cap) measures what a company is worth by taking the current share price and multiplying it by the number of shares outstanding. Here are the biggest tech companies according to their market cap on June 13, 2024.

RankCompanyCountry/RegionMarket Cap 1AppleU.S.$3.3T 2MicrosoftU.S.$3.3T 3NvidiaU.S.$3.2T 4AlphabetU.S.$2.2T 5AmazonU.S.$1.9T 6MetaU.S.$1.3T 7TSMCTaiwan$897B 8BroadcomU.S.$778B 9TeslaU.S.$582B 10TencentChina$453B 11ASMLNetherlands$415B 12OracleU.S.$384B 13SamsungSouth Korea$379B 14NetflixU.S.$281B 15AMDU.S.$258B 16QualcommU.S.$243B 17SAPGermany$225B 18SalesforceU.S.$222B 19PDD Holdings (owns Pinduoduo)China$212B 20AdobeU.S.$206B

Note: PDD Holdings says its headquarters remain in Shanghai, China, and Ireland is used for legal registration for its overseas business.

Apple is the largest tech company at the moment, having competed with Microsoft for the top of the leaderboard for many years. The company saw its market cap soar after announcing its generative AI, Apple Intelligence. Analysts believe people will upgrade their devices over the next few years, since the new features are only available on the iPhone 15 Pro or newer.

Microsoft is in second place in the rankings, partly thanks to enthusiasm for its AI software which is already generating revenue. Rising profits also contributed to the company’s value. For the quarter ended March 31, 2024, Microsoft increased its net income by 20% compared to the same quarter last year.

Nvidia follows closely behind with the third-highest market cap, rising more than eight times higher compared to its value at the start of 2023. The company has recently announced higher profits, introduced

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What is the Median Pay of Magnificent Seven Companies?

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June 12, 2024 Article/Editing: Graphics/Design:

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What is the Median Pay of Magnificent Seven Companies?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The Magnificent Seven are lifting the stock market to new highs, led by Nvidia, Microsoft, Apple, and Alphabet in particular.

In May alone, these tech giants added $1.4 trillion in market capitalization to the S&P 500—surpassing the combined gains of 296 other stocks during the same period. Notably, Nvidia contributed to more than half of this rise. As tech stocks boom, many are offering robust salaries with substantial stock option plans.

This graphic shows the median pay of the Magnificent Seven companies in 2023, based on analysis from The Wall Street Journal and MyLogIQ.

The Highest Paying Companies in the Magnificent Seven

Below, we show the median employee pay of the Magnificent Seven companies in 2023:

CompanyMedian Employee Pay
2023CEO Total Pay
2023 Meta$379,050$24.4M Alphabet$315,531$8.8M Nvidia$266,939$34.2M Microsoft$193,770$48.5M Apple$94,118$63.2M Tesla$45,811$0M Amazon$36,274$1.4M

Data for Microsoft is from SEC filings. Total CEO pay includes equity awards and cash pay.

Meta ranks as the highest overall, with a median pay of $379,050, which is more than six times the national median salary.

Not only is it the leading company in the Magnificent Seven, it has one of the highest median pay across S&P 500 companies. Between 2022 and 2023, employee pay increased 28%, following four rounds of layoffs that slashed thousands of employees in its “year of efficiency”.

Following Meta is Google’s parent company, Alphabet, with a median pay of $315,531. The company operates a hybrid work policy, requiring employees to be in the office about three days a week. This mirrors a trend seen across Amazon and Salesforce to encourage in-person collaboration.

At Nvidia, employees received a median pay of $266,939, fueled by its soaring share price. Last year, over $300 million in value was delivered to its staff under its employee stock purchase plan. Along with a competitive pay package, the company offers an unlimited vacation policy along with 22-weeks

Visualizing the 15 Most Valuable Bitcoin Addresses

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June 6, 2024 Article/Editing: Graphics/Design:

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Visualizing the 15 Most Valuable Bitcoin Addresses

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

A Bitcoin address is a unique identifier consisting of 26 to 62 alphanumeric characters used to receive bitcoins.

These addresses serve as the destination for transactions on the Bitcoin network, ensuring that funds are sent to the correct recipient.

This graphic ranks the 15 most valuable Bitcoin addresses globally as of May 2024, based on BitInfoCharts’ Bitcoin Rich List.

How Bitcoin Works

Bitcoin is considered the world’s most valuable digital currency.

Unlike fiat currencies such as the U.S. dollar, which central banks back, a cryptocurrency like Bitcoin is supported by an underlying blockchain. This blockchain records every Bitcoin transaction in a public, decentralized, and distributed ledger.

Every time bitcoins are spent, a digital transaction record must be validated and added to the blockchain. Miners undertake this task, legitimizing and auditing Bitcoin transactions while earning bitcoins as a reward.

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According to BitInfoCharts, the world’s top Bitcoin address dates back to October 2018, with a balance of 0.1 BTC (worth $660 at the time).

Since then, it has experienced several massive swings in value, reaching 180,000 BTC ($1.7B) in November 2019 and then falling to 1,370 BTC ($9.4M) in April 2020.

RankBalance (BTC)Value (USD)Address 1248,597$17.5B34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 2180,010$12.7Bbc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97 3136,295$9.6Bbc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 494,643$6.7Bbc1qazcm763858nkj2dj986etajv6wquslv8uxwczt 582,833$5.8B3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 679,957$5.6B1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF 778,317$5.5Bbc1q8yj0herd4r4yxszw3nkfvt53433thk0f5qst4g 875,354$5.3Bbc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 975,177$5.3B3E97AjYaCq9QYnfFMtBCYiCEsN956Rvpj2 1069,370$4.9Bbc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 1168,200$4.8B3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb 1266,975$4.7B1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP 1359,300$4.2Bbc1qd4ysezhmypwty5dnw7c8nqy5h5nxg0xqsvaefd0qn5kq32vwnwqqgv4rzr 1453,880$3.8B1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC 1551,830$3.6B1AC4fMwgY8j9onSbXEWeH6Zan8QGMSdmtA

Beginning in late 2020, this address began accumulating bitcoins at a rapid pace, reaching 300,000 BTC ($10.3B) in July 2021.

Since January 2023, its BTC balance has remained constant at around 248,597 BTC.

If you enjoyed this post, check out Ranking the Largest Bitcoin ETFs in the U.S. In this graphic, we rank the top eight Bitcoin ETFs in the U.S. by their total assets under management.

Charted: How Many Data Centers do Major Big Tech Companies Have?

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June 4, 2024 Graphics/Design:

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How Many Data Centers do Major Big Tech Companies Have?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The Big Tech companies are often compared against each other in many ways: how much money they make, market capitalization, and the newest flavor, generative AI capabilities.

But in their great strides to capture the digital realm, how many huge data facilities do they need for all their services, analytics, and storage?

Sourcing information from Meta, Google, Microsoft, and some third-party estimates for Apple and Amazon, we find out.

Ranked: Big Tech’s Data Facilities

Cloud computing giants—Microsoft and Amazon—have data centers in the triple-digits to accommodate their customers’ burgeoning business demands.

However, there’s no one standard of how big a data center needs to be, so quantity doesn’t automatically translate into greater capacity.

Big Tech CompanyData Centers Microsoft**300 AWS*215 Google25 Meta24 Apple*10
Note: *Third-party estimates vary depending on the source. AWS is usually listed between 160–220 and Apple from 8–10. **Microsoft lists their count as “300+.”

According to Statista, AWS still maintains the biggest market share in the cloud computing segment (31%) even as Microsoft Azure edges ever closer (25%).

In fact, Amazon is aiming to spend $150 billion on more facilities over the next 15 years. Estimates say 26 data centers are currently under construction. All of this, of course, to chase the AI boom.

Despite dominating our digital lives however, Big Tech aren’t the only players when it comes to data center metrics. For example, Digital Realty, a colocation data center provider, would rank alongside Microsoft with 300+ data facilities.

Learn More about Big Tech and AI from Visual Capitalist

If you enjoyed this post, and you’re wondering which Big Tech players have made their forays into AI, check out Ranked: The Most Popular AI Tools. We visualize the most popular AI tools of 2023 along with recent tech adoption cycles and the software products that defined them.

Visualizing the Training Costs of AI Models Over Time

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June 4, 2024

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Visualizing the Training Costs of AI Models Over Time

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Training advanced AI models like OpenAI’s ChatGPT and Google’s Gemini Ultra requires millions of dollars, with costs escalating rapidly.

As computational demands increase, the expenses for the computing power necessary to train them are soaring. In response, AI companies are rethinking how they train generative AI systems. In many cases, these include strategies to reduce computational costs given current growth trajectories.

This graphic shows the surge in training costs for advanced AI models, based on analysis from Stanford University’s 2024 Artificial Intelligence Index Report.

How Training Cost is Determined

The AI Index collaborated with research firm Epoch AI to estimate AI model training costs, which were based on cloud compute rental prices. Key factors that were analyzed include the model’s training duration, the hardware’s utilization rate, and the value of the training hardware.

While many have speculated that training AI models has become increasingly costly, there is a lack of comprehensive data supporting these claims. The AI Index is one of the rare sources for these estimates.

Ballooning Training Costs

Below, we show the training cost of major AI models, adjusted for inflation, since 2017:

YearModel NameModel Creators/ContributorsTraining Cost (USD)
Inflation-adjusted 2017TransformerGoogle$930 2018BERT-LargeGoogle$3,288 2019RoBERTa LargeMeta$160,018 2020GPT-3 175B (davinci)OpenAI$4,324,883 2021Megatron-Turing NLG 530BMicrosoft/NVIDIA$6,405,653 2022LaMDAGoogle$1,319,586 2022PaLM (540B)Google$12,389,056 2023GPT-4OpenAI$78,352,034 2023Llama 2 70BMeta$3,931,897 2023Gemini UltraGoogle$191,400,000

Last year, OpenAI’s GPT-4 cost an estimated $78.4 million to train, a steep rise from Google’s PaLM (540B) model, which cost $12.4 million just a year earlier.

For perspective, the training cost for Transformer, an early AI model developed in 2017, was $930. This model plays a foundational role in shaping the architecture of many large language models used today.

Google’s AI model, Gemini Ultra, costs even more, at a staggering $191 million. As of early 2024, the model outperforms GPT-4 on several metrics, most notably across the Massive Multitask Language Understanding (MMLU) benchmark. This benchmark serves

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Visualizing the Top Countries, by Mobile Data Usage

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June 2, 2024 Graphics/Design:

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Visualizing the Top Countries, by Mobile Data Usage

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Global mobile data traffic per smartphone is forecast to hit 42 gigabytes per month by 2027—a staggering 16-fold increase compared to 2017.

This surge coincides with a rising number of internet users worldwide, in particular among middle-income countries. Notably, between 2018 and 2022, India saw a 170% increase in internet users alone.

The above graphic shows the countries with the highest mobile data usage around the world, based on data from the World Bank’s Digital Progress and Trends Report.

Which Countries Use the Most Mobile Data?

Here are the top 10 countries worldwide based on their monthly mobile data consumption:

RankCountryMonthly Mobile Data Usage per Capita
(Gigabytes, GB) 1🇨🇼 Curaçao131.3 2🇰🇼 Kuwait83.9 3🇸🇷 Suriname72.7 4🇫🇮 Finland59.1 5🇱🇻 Latvia52.7 6🇸🇦 Saudi Arabia44.2 7🇪🇪 Estonia42.4 8🇧🇭 Bahrain41.6 9🇦🇹 Austria35.1 10🇱🇹 Lithuania32.1

Data as of 2022.

The island nation of Curaçao ranks first overall, with 131.3 gigabytes of monthly mobile data usage per capita.

With a population of just 193,000, Curaçao surpasses all other nations likely due to a combination of factors. This includes an influx of over one million tourist arrivals in 2022, competitive mobile data plans, and a low penetration of fixed-line telecommunication systems and broadband internet.

For instance, in 2021, just 28 out of 100 people used fixed-line networks, while 88 out of 100 people used cellular-mobile services. Furthermore, the country boasts among the fastest and most reliable internet connections in the Caribbean thanks to its concentration of data centers and fiber optic cable infrastructure.

Following in second place is oil-rich Kuwait. In recent years, the country’s telecom industry has significantly improved, with 5G networks reaching roughly 97% of the population. Furthermore, the Kuwait government invested heavily in mobile platforms that allow people to settle traffic fines or schedule court dates via mobile apps.

Like Kuwait, Middle Eastern nations of Saudi Arabia

What Laptop Brands do Americans Use in 2024?

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May 29, 2024 Graphics/Design:

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What Laptop Brands do Americans Use in 2024?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

We chart the market share of commonly used laptop brands in the U.S., per Statista survey data. Multiple responses were allowed, and percentages do not sum to 100.

ℹ️ Survey details: Between April, 2023 and March 2024, 6,843 American adults aged 18–64 were asked: “What brands are the laptops in your households?” The “don’t know” responses have not been visualized. The U.S. Laptop Market Landscape

HP emerges as the preferred choice for laptops, present in 32% of surveyed households.

Meanwhile, Apple’s dominance in America’s smartphone segment isn’t quite matched in the laptop market with their Macbooks, trailing HP at 28% of households.

Here’s the full survey data.

BrandShare of Respondents HP32% Apple28% Dell24% Acer14% Lenovo12% Samsung12% Microsoft10% ASUS9% Toshiba5% Alienware4% DigitalStorm2% Falcon Northwest2% Huawei2% MSI2% Vaio1% Other6% Don’t know2%
Note: DigitalStorm, Falcon Northwest, Huawei, MSI, and Vaio’s share of respondents were combined into the “Other” category in the graphic. “Don’t know” responses were not visualized.

Another well-known manufacturer, Dell, comes in at 24%, rounding out the top three by household share.

Other big laptop brands, Acer, Lenovo, Samsung, and Microsoft all range between 10–15% of surveyed households.

For a broader picture, market research firm, Technavio, predicts a 3.2% combined average growth rate for the global laptop market from 2024–28. A lion’s share of that growth (42%) is expected to come from North America. Rising popularity of gaming laptops will be a key tailwind.

Interestingly, thanks to their graphics processing units, gaming laptops are also in demand for AI/machine-learning work. Some companies have already started releasing models catering to this specific audience.

Learn More About Tech From Visual Capitalist

If you enjoyed this post, check out The Top 100 Most Valuable Brands in 2024 where technology companies make up

Nvidia is Worth More Than All of These Companies Combined

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May 27, 2024 Graphics/Design:

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Putting the Market Cap of Nvidia Into Perspective

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Nvidia’s massive rise in the AI era has been well-documented, but did you know that it’s currently the world’s third most valuable company?

To put the massive market cap of Nvidia into perspective, we’ve put it side by side with a collection of other major U.S. tech companies.

All figures were sourced from Companiesmarketcap.com, and are as of May 23, 2024.

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Data and Takeaways

All of the numbers we used to create this graphic are included in the table below.

CompanyMarket Cap
(as of May 23, 2024) Nvidia$2.5T Meta$1.2T Tesla$553B Netflix$272B AMD$257B Intel$128B IBM$157B

These figures are even more impressive when you consider that at the beginning of 2020, Nvidia was valued at a relatively tiny $145 billion.

Since then, the company has greatly surpassed other American chipmakers like Intel and AMD. This growth is due to several key factors:

Expansion into AI and data centers: Nvidia’s chips are highly effective for AI training, making them essential for companies engaged in machine learning and generative AI Advancements in AI software: Nvidia has developed AI software platforms, such as CUDA-X and TensorRT, which are widely used by researchers. Strong financial performance: Nvidia has consistently delivered strong financial results in recent years, with substantial revenue growth. Closing in on Apple

With Nvidia’s latest stock surge (up 13.5% over the past five days ending May 24, 2024), the company could possibly overtake Apple to become the world’s second most valuable company.

Microsoft, another major player in AI, holds the #1 spot with a market cap of $3.2 trillion.

See More Visuals on Nvidia

If you enjoyed this graphic, be sure to check out this graphic that breaks down Nvidia’s revenue by product line, from 2019 to 2024.

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