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AI is concentrating tech market leadership

AccelNovember 2025
AI is concentrating tech market leadership
Chart by Accel. Source: accel.com

A treemap and key overview metrics showing that the 'Super Six' tech giants (Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta) account for roughly half of the total NASDAQ Composite market cap at $20.7T combined.

LabelValue shown on the chart
Other50%, $21.0T
Nvidia12%, $5.0T
Microsoft10%, $4.0T
Apple10%, $4.0T
Alphabet8%, $3.3T
Amazon6%, $2.5T
Meta4%, $1.9T
Combined Market Cap$20.7T
Combined CY24 Rev$1.9T
Combined CY24 Op. Cash Flow$0.6T
Avg. CY24 Rev Growth (y/y)30%

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