5 Biggest Tech Companies In The World After the 2022 Stock Market Collapse

In this article, we will discuss the 5 biggest tech companies in the world after the 2022 stock market collapse. If you want to explore similar tech companies, you can also read 15 Biggest Tech Companies In The World After the 2022 Stock Market Collapse.

5. NVIDIA Corporation (NASDAQ:NVDA)

Market Cap as of November 10: $341.86 Billion

NVIDIA Corporation (NASDAQ:NVDA) is a world leader in semiconductors and the leading of GPUs. The company has a strong R&D team that is constantly innovating and developing new technologies that keep NVIDIA Corporation (NASDAQ:NVDA) at the forefront of the industry. NVIDIA Corporation (NASDAQ:NVDA) has a well-established distribution and sales network, which gives it reach into key markets around the world. Furthermore, the company has a strong financial position, which has allowed it to invest in growth initiatives and acquisitions to fuel its expansion. NVIDIA Corporation (NASDAQ:NVDA) has free cash flows of $6.2 billion.

On October 25, Needham analyst Rajvindra Gill revised his price target on NVIDIA Corporation (NASDAQ:NVDA) to $155 from $170 and maintained a Buy rating on the shares. The company is valued at $341.86 billion, as of November 10, and is ranked high among the biggest tech companies in the world.

Here is what ClearBridge Investments had to say about NVIDIA Corporation (NASDAQ:NVDA) in its third-quarter 2022 investor letter:

“Likewise, graphics chip maker NVIDIA Corporation (NASDAQ:NVDA) (-19.9%) has struggled through the post-COVID-19 recovery but maintains dominant positions in key secular growth markets of AI and gaming. The company has significantly underperformed the index and semiconductor peers recently due to a gaming inventory correction, a decline in aggregate cryptocurrency demand and reduction in crypto mining intensity as well as concerns around the sustainability of data center sales.

We tactically trimmed our position early in 2022 due to concerns around these cycle dynamics but remain confident in the company’s long-term prospects.”