Nvidia (NVDA), Microsoft (MSFT), Apple (AAPL) Are Bigger Than China Stock Market
Jun 07, 2024 - bloomberg.com
Microsoft Corp., Nvidia Corp., and Apple Inc. have a combined market capitalization of approximately $9.2 trillion, surpassing the value of China's stock market. The three tech giants' worth now exceeds the nearly $9 trillion value of stocks actively traded on Chinese exchanges, excluding Hong Kong, as per data compiled by Bloomberg.
This milestone underscores the immense value and influence of these tech firms in the global market. It also highlights the significant role of the tech industry in the U.S. economy, as these three companies alone are now worth more than the entire stock market of the world's second-largest economy.
Key takeaways:
Microsoft Corp., Nvidia Corp. and Apple Inc. are now worth more combined than China’s stock market.
The total market capitalization of these three tech firms is about $9.2 trillion.
This value surpasses the nearly $9 trillion worth of stocks actively traded on Chinese exchanges excluding Hong Kong.
