The $1 trillion club’s new members are powering the AI boom: Chart of the Day

Market royalty is getting a hardware makeover.

Samsung Electronics (005930.KS) just climbed past $1 trillion in market capitalization, making it the latest company tied to the AI build-out to enter the market’s most exclusive tier.

It’s joining Nvidia (NVDA), TSMC (TSM), and Broadcom (AVGO) in a newer class of giants that make the chips, memory, and infrastructure behind the boom.

The $1 trillion club was once mostly a monument to US platform power.

Apple (AAPL) became the first US public company to hit the mark in August 2018, followed quickly by Amazon (AMZN) and then Microsoft (MSFT), Alphabet (GOOGL), Meta (META), and Tesla (TSLA).

That first modern wave was built around smartphones, cloud, search, social media, e-commerce, and electric vehicle momentum.

Link: https://finance.yahoo.com/markets/article/the-1-trillion-clubs-new-members-are-powering-the-ai-boom-chart-of-the-day-104234629.html

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