Top 10 US Companies with the Highest Market Capitalization in May 2023
The USA is one of the largest economies in the world, and many of its companies have enormous capitalizations. We have gathered a list of the top 10 US companies by market capitalization as of May 2023.
- Apple Inc (AAPL) – $2.683 trillion
Apple is the leader on the list of the largest US companies by market capitalization. This company specializes in the development and production of electronics, as well as software creation. Apple is one of the most popular brands in the world, and every year the company releases new products that are in high demand.
- Microsoft Corporation (MSFT) – $2.272 trillion
Microsoft is a company that develops software and provides services related to computing. The company’s main product is the Windows operating system, as well as office programs and games. It also conducts research in the field of artificial intelligence and quantum computing.
- Alphabet Inc (Google) Class C – $1.362 trillion
Alphabet Inc is a company that is engaged in internet search, advertising, and software development. It owns the world’s largest search engine – Google, as well as popular sites such as YouTube and Gmail.
- Amazon.com, Inc. (AMZN) – $1.046 trillion
Amazon is a company that sells goods and services on the internet. It is the largest online retailer in the world and has many other business lines, such as the AWS cloud service and the production of electronic devices.
- Berkshire Hathaway Inc. (BRK.A) – $724.087 billion
Berkshire Hathaway is a holding company that owns many other companies. Its main business is investing in various companies, including Coca-Cola, American Express, and Wells Fargo.
- NVIDIA Corporation (NVDA) – $714.077 billion
NVIDIA is a company that specializes in the development of graphics processors and artificial intelligence systems. Its products are used in games, scientific research, and automotive technology.
- Meta Platforms, Inc. (META) – $626.617 billion
Meta Platforms is a company that deals with social media. It owns Facebook, Instagram, and WhatsApp, as well as other popular sites and apps. The company is also developing new areas, including the metaverse, the production of virtual reality headsets, VR gaming, and artificial intelligence.
- Tesla, Inc. (TSLA) – $512.921 billion
Tesla is a company that manufactures electric cars and batteries. Its products are in high demand, and the company is one of the fastest-growing in the world.
- Visa Inc. (V) – $478.885 billion
Visa is a company that provides payment systems. Its products are used in over 200 countries around the world, and the company is a leader in its industry.
- Exxon Mobil Corporation (XOM) – $466.82 billion
Exxon Mobil is a company that deals with the extraction and processing of oil and gas. It is one of the largest oil companies in the world and has a huge impact on the global economy.
Top 10 US Companies by Market Capitalization as of May 2023
| Company | Market Capitalization (in US dollars) |
|---|---|
| Apple Inc (AAPL) | 2.683 trillion |
| Microsoft Corporation (MSFT) | 2.272 trillion |
| Alphabet Inc (Google) Class C | 1.362 trillion |
| Amazon.com, Inc. (AMZN) | 1.046 trillion |
| Berkshire Hathaway Inc. (BRK.A) | 724.087 billion |
| NVIDIA Corporation (NVDA) | 714.077 billion |
| Meta Platforms, Inc. (META) | 626.617 billion |
| Tesla, Inc. (TSLA) | 512.921 billion |
| Visa Inc. (V) | 478.885 billion |
| Exxon Mobil Corporation (XOM) | 466.82 billion |
Conclusion:
US companies with the highest capitalization play an important role in the global economy. They are engaged in various business areas, from electronics manufacturing to oil and gas extraction. These companies have immense power and influence on the global economy and continue to grow and develop every year.
