25 tech giants add $2-trn mkt cap despite slowdown

New Delhi: Despite the economic downturn, top-25 global technology companies managed to gain more than $2 trillion in valuation during a challenging second quarter (Q2) this year, a report showed on Thursday.

Overall, the top-25 tech companies gained a whopping $4.5 trillion in the first half (H1) of 2023, reveals GlobalData, a leading data and analytics company. Graphics chip major Nvidia gained over 50 per cent in market cap in Q2 and almost 200 per cent since January. Nvidia witnessed over 90 per cent increase in market value in Q1.