Visual Capitalist December 18, 2024
The combined market capitalization of the six Big Tech companies has grown by over $8 trillion since ChatGPT’s launch.
This graphic illustrates the change in market value of the largest tech companies since the launch of ChatGPT in November 2022. The data is sourced from Bloomberg as of November 2024.
Nvidia’s Surge
With the advent of AI and the rising popularity of tools like ChatGPT, the tech sector has driven a 30% rise in the S&P 500 since January 2022, compared to a 15% return for small-cap companies.
The biggest winner is Nvidia. Its chips, highly effective for AI training, have become essential for companies involved in machine learning and generative AI.
Since November 2022, Nvidia’s market cap has grown...
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