In 2024, Apple, Microsoft, and Nvidia vied for supremacy in the trillion-dollar market capitalization club. Apple, the first U.S. company to reach a $1 trillion valuation in 2018, briefly hit $3 trillion in January 2022. Microsoft followed, reaching $3 trillion in January 2024.

Nvidia’s rise was extraordinary, starting from $360 billion in 2022 to surpass $1 trillion in May 2023, $2 trillion by March 2024, and $3 trillion by June 2024. By October 2024, Nvidia overtook Microsoft and challenged Apple’s long-held leadership. From U.S. presidential election day in November 5 to November 22, Nvidia outpaced Apple. Since 23 November, Nvidia lag the Apple and from 13 December to 19 December, remained behind Microsoft. In December 20, 2022, Apple $3.85 trillion market cap far behind Nvidia with $3.30 trillion and Microsoft with $3.25 trillion.

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