Top 10 Biggest Tech Hardware Companies in The US

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In this post, let's examine some of the biggest tech hardware companies in The US, ranked by market capitalization. Go directly to other related articles on ... read more...

  1. Top 1

    Apple Inc.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple is the biggest IT business (it will generate US$365.8 billion in 2021). Apple is currently the largest firm in the world by market capitalization, the fourth-largest provider of personal computers by unit sales, and the second-largest producer of mobile phones. Together with Alphabet (known for Google), Amazon, Meta (known for Facebook), and Microsoft, it is one of the Big Five US IT corporations.

    Steve Wozniak, Steve Jobs, and Ronald Wayne established Apple Computer Corporation on April 1, 1976, to create and market Wozniak's Apple I personal computer. In 1977, Jobs and Wozniak incorporated it as Apple Computer, Inc. The Apple II, the company's second computer, was one of the first microcomputers to be mass-produced and a popular seller. In 1980, Apple went public, achieving immediate financial success.

    The company created computers with cutting-edge graphical user interfaces, such as the first Macintosh, which was introduced in a well-received commercial in 1984. By 1985, the company was experiencing issues due to the high cost of its products and power disputes among executives. Wozniak left Apple amicably and moved on to other endeavors, whereas Jobs bitterly left Apple and started NeXT, taking some Apple colleagues with him.

    Apple's market capitalization
    was $2.520 trillion as of March 2023. Apple is now the most valuable corporation in the world, according to market cap. The most recent financial reports from Apple show that the company's current revenue (TTM) is $387.53 billion. The corporation generated $378.32 billion in revenue in 2021, an increase from $294.13 billion in 2020.

    Founded: April 1, 1976
    Headquarters: 1 Apple Park Way, Cupertino, California, U.S.
    Website: www.apple.com

    Screenshot via www.apple.com
    Screenshot via www.apple.com
    Screenshot via www.apple.com
    Screenshot via www.apple.com

  2. Top 2

    NVIDIA

    Nvidia Corporation, a worldwide American technology firm with headquarters in Santa Clara, California, was founded in Delaware. It is a software and fabless firm that creates system on a chip (SoC) units for the mobile computing and automotive markets, graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, and more.

    Hardware and software for artificial intelligence are mostly provided by Nvidia. In workstations for applications in industries like architecture, engineering, and construction, media and entertainment, automotive, scientific research, and manufacturing design, it uses GPUs from its professional range.

    NVIDIA's market valuation
    as of March 2023 is $652.87 billion. NVIDIA is now the seventh-most valuable corporation in the world, according to market cap. The most recent financial reports from NVIDIA show that the company's current revenue (TTM) is $26.97 billion. The corporation generated $28.56 billion in revenue in 2022, an increase from $24.27 billion in revenue in 2021.

    Founded: April 5, 1993
    Headquarters: Santa Clara, California, U.S.
    Website: www.nvidia.com

    Screenshot via www.nvidia.com
    Screenshot via www.nvidia.com
    Screenshot via www.nvidia.com
    Screenshot via www.nvidia.com
  3. Top 3

    Cisco

    The American global digital communications technology conglomerate firm Cisco Systems, Inc., also known as Cisco, has its corporate headquarters in San Jose, California. Cisco creates, produces, and markets networking tools, computer software, telecommunications gear, and other high-tech services and goods. Cisco is a leading provider of cutting-edge technologies such as Webex, OpenDNS, Jabber, Duo Security, and Jasper.

    It specializes in niche technological areas like the Internet of Things (IoT), domain security, videoconferencing, and energy management. With over $51 billion in annual revenue and close to 80,000 employees, Cisco is one of the biggest technological businesses in the world, coming in at number 74 on the Fortune 100.

    Leonard Bosack and Sandy Lerner, two computer scientists from Stanford University who had played a key role in connecting computers at Stanford, created Cisco Systems in December 1984. They invented the idea of connecting remote computers via a multiprotocol router system using a local area network (LAN). Cisco had a market valuation of $224 million when it first went public in 1990; by the end of the dot-com boom in 2000, it had climbed to $500 billion, overtaking Microsoft as the most valuable corporation in the world. Cisco's market value was over $267 billion as of December 2021.

    Cisco's market valuation
    as of March 2023 is $207.53 billion. By market cap, this places Cisco as the 45th most valuable corporation in the world. The most recent financial reports from Cisco show that the company's current revenue (TTM) is $53.16 billion. The corporation generated $52.28 billion in revenue in 2022, an increase from $50.78 billion in revenue in 2021.

    Founded: December 10, 1984
    Headquarters: San Jose, California, U.S.
    Website: cisco.com

    Screenshot via cisco.com
    Screenshot via cisco.com
    Screenshot via cisco.com
    Screenshot via cisco.com
  4. Top 4

    Texas Instruments

    Texas Instruments Incorporated (TI) is an American technological business with its main office in Dallas, Texas. It creates and produces integrated circuits and semiconductors, which it then sells to producers and designers of electronics around the world. According to sales volume, it ranks among the top 10 semiconductor businesses globally.

    The company concentrates on creating embedded CPUs and analog circuits, which provide more than 80% of its sales. Calculators, microcontrollers, and multi-core processors are among the items that TI also makes using its TI digital light processing technology and education technologies. As of 2016, the business had 45,000 patents worldwide.

    Texas Instruments' market value
    was $161.87 billion as of March 2023. Texas Instruments is now the 62nd most valuable corporation in the world, according to market cap. The most recent financial reports for Texas Instruments show that the company's current revenue (TTM) is $20.02 billion. The company generated $18.34 billion in revenue in 2021, a rise from $14.46 billion in revenue in 2020.

    Founded: 1930
    Headquarters: Dallas, Texas, U.S.
    Website: ti.com

    Screenshot via ti.com
    Screenshot via ti.com
    Screenshot via ti.com
    Screenshot via ti.com
  5. Top 5

    AMD

    The American multinational semiconductor company Advanced Micro Devices, Inc., also known as AMD, is based in Santa Clara, California, and produces computer processors and related technologies for both the commercial and consumer markets.

    Jerry Sanders and a group of other technological experts launched the business in 1969. Early AMD products were mostly computer memory chips and other parts. Later, the business expanded into the microprocessor sector, where it competed with Intel, its main industry opponent. Because of its dominant position in the PC market and the popularity of its Athlon and Opteron CPUs in the early 2000s, AMD saw enormous growth and success.

    AMD's market cap
    as of March 2023 was $154.58 billion. By market cap, AMD is now the 67th most valuable corporation in the world. The most recent financial reports from AMD show that the company's current revenue (TTM) is $23.60 billion. The corporation generated $16.43 billion in revenue in 2021, a rise from $9.76 billion in revenue in 2020.

    Founded: 1 May 1969
    Headquarters: Santa Clara, California, United States
    Website: www.amd.com

    Screenshot via www.amd.com
    Screenshot via www.amd.com
    Screenshot via www.amd.com
    Screenshot via www.amd.com
  6. Top 6

    QUALCOMM

    Qualcomm is a Delaware-incorporated American multinational firm with its main office in San Diego, California. It produces software, chips, and services for wireless technology. It is the owner of patents that are essential to the mobile communications protocols for 5G, 4G, CDMA2000, TD-SCDMA, and WCDMA.

    Irwin M. Jacobs founded Qualcomm along with six other co-founders in 1985. It raised money for its early CDMA wireless cell phone development by selling the Omnitracs two-way mobile digital satellite communications system. The 2G standard, which integrated Qualcomm's CDMA patents, was accepted following a contentious discussion in the wireless industry. Following that, there were several court battles over the cost of licensing patents called for by the standard.

    The market capitalization of QUALCOMM was $138.03 billion as of March 2023. By market capitalization, QUALCOMM is now the 83rd most valuable corporation in the world. The most recent financial reports from QUALCOMM show that the company's current revenue (TTM) is $42.95 billion. The corporation generated $36.03 billion in revenue in 2021, an increase from $26.69 billion in revenue in 2020.

    Founded: July 1985
    Headquarters: San Diego, California, U.S.
    Website: qualcomm.com

    Screenshot via qualcomm.com
    Screenshot via qualcomm.com
    Screenshot via qualcomm.com
    Screenshot via qualcomm.com
  7. Top 7

    Intel

    An American multinational corporation and technological company, Intel Corporation (often referred to as Intel), is based in Santa Clara, California. It is one of the developers of the x86 series of instruction sets, which are the instruction sets present in the majority of personal computers, and is the largest semiconductor chip producer in the world by revenue (PCs). For nearly a decade, from the 2007 through 2016 fiscal years, Intel, a Delaware-incorporated company, was placed No. 45 on the 2020 Fortune 500 list of the biggest American firms by total revenue.

    For computer system producers including Acer, Lenovo, HP, and Dell, Intel provides processors. Along with producing embedded processors, flash memory, graphics chips, network interface controllers, and motherboard chipsets, Intel also produces additional computing and communication-related products.


    Intel's market cap as of March 2023 was $117.73 billion. By market cap, this places Intel as the 107th most valuable corporation in the world. The most recent financial reports from Intel show that the company's current revenue (TTM) is $63.05 billion. The company had revenue of $79.02 billion in 2021, up from $77.86 billion in 2020.


    Founded: July 18, 1968
    Headquarters: Santa Clara, California, U.S.
    Website: www.intel.com

    Screenshot via www.intel.com
    Screenshot via www.intel.com
    Screenshot via www.intel.com
    Screenshot via www.intel.com
  8. Top 8

    Applied Materials

    An American company called Applied Materials, Inc. provides tools, services, and software for the production of solar products, flat-panel displays for computers, cellphones, and televisions, as well as semiconductor (integrated circuit) chips for electronics. The business, which is essential to Silicon Valley's development, also provides machinery for making coatings for flexible electronics, packaging, and other uses. The business's main office is in Santa Clara, California.


    Michael A. McNeilly and others founded Applied Materials in 1967, and the company went public in 1972. The company diversified during the following years until James C. Morgan took over as CEO in 1976 and shifted the company's emphasis back to its primary market of equipment for semiconductor manufacture. Sales rose by 17% in 1978.


    The market capitalization of Applied Materials as of March 2023 was $101.75 billion. By market cap, this places Applied Materials as the 133rd most valuable company in the world. The most recent financial reports for Applied Materials show that the company's current revenue (TTM) is $26.25 billion. The corporation generated $25.78 billion in revenue in 2022, an increase from $23.06 billion in revenue in 2021.


    Founded: November 10, 1967
    Headquarter: Santa Clara, California, U.S.
    Market cap: $101.75 Billion
    Revenue in 2022 (TTM): $19.04 B
    Website: www.appliedmaterials.com

    Screenshot via   www.appliedmaterials.com
    Screenshot via www.appliedmaterials.com
    Screenshot via   www.appliedmaterials.com
    Screenshot via www.appliedmaterials.com
  9. Top 9

    Lam Research

    The semiconductor industry receives its equipment for wafer production and related services from the American company Lam Research Corporation. Its products are largely utilized in front-end wafer processing, which includes the procedures needed to generate the transistors, capacitors, and wiring that go into semiconductor devices (interconnects).


    Additionally, the business produces machinery for the back-end wafer-level packaging (WLP) sector as well as for associated manufacturing markets, like those for microelectromechanical systems (MEMS). Dr. David K. Lam established Lam Research in 1980. Its main office is in Fremont, California, close to Silicon Valley. After Tesla, it was the Bay Area's second-largest manufacturer as of 2018.


    Lam Research's market cap as of March 2023 was $69.38 billion. By market capitalization, Lam Research is now the 202nd most valuable company in the world. The most recent financial filings from Lam Research indicate that the company's current revenue (TTM) is $19.04 billion. The company generated $16.52 billion in revenue in 2021, a rise from $11.92 billion in revenue in 2020.

    Founded: 1980
    Headquarters: Fremont, California, U.S.
    Website: lamresearch.com

    Screenshot via  	lamresearch.com
    Screenshot via lamresearch.com
    Screenshot via 	lamresearch.com
    Screenshot via lamresearch.com
  10. Top 10

    Micron Technology

    The American company Micron Technology, Inc. manufactures computer memory and data storage devices such as USB flash drives, flash memory, and dynamic random-access memory. Its main office is in Boise, Idaho. Under the Crucial name, it sells consumer goods like the Ballistix line of memory modules. IM Flash Technologies, which produced NAND flash memory, was a joint venture between Micron and Intel. Lexar was its property between 2006 and 2017.


    Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman established Micron as a semiconductor design consultancy business in Boise, Idaho, in 1978. Local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke contributed startup capital. Later, it acquired financing from potato entrepreneur and millionaire J. R. Simplot of Idaho. Upon the completion of its first wafer fabrication unit ("Fab 1"), the company transitioned from consulting to production in 1981 and began producing 64K DRAM chips.


    Micron Technology's market capitalization was $63.97 billion as of March 2023. By market cap, this places Micron Technology as the 224th most valuable company in the world. The most recent financial reports from Micron Technologies show that the company's current revenue (TTM) is $27.15 billion. The corporation generated $29.61 billion in revenue in 2021, up from $22.06 billion in revenue in 2020.


    Founded: October 5, 1978
    Headquarters: Boise, Idaho, U.S.
    Website:
    www.micron.com

    Screenshot via  	www.micron.com
    Screenshot via www.micron.com
    Screenshot via  www.micron.com
    Screenshot via www.micron.com



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