Ten years ago, it was nearly inconceivable that an American company could have a trillion-dollar market cap. But in 2018, technology giant Apple became the first private organization in the world to amass a $1 trillion valuation on the back of its flagship iPhone.

Microsoft, Amazon, and Google parent Alphabet joined Apple in that exclusive club soon after. As did oil giant Saudi Aramco, which is the only non-American company to do so. But 2023 welcomed a new inductee, with semiconductor powerhouse Nvidia crossing the $1 trillion threshold for the first time.

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Source Fool.com