U.S. Cloud AI

Microsoft

Market Cap: US$3.8t

Develops and supports software, services, devices and solutions worldwide.

Apple

Market Cap: US$3.2t

Designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Alphabet

Market Cap: US$2.3t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Oracle

Market Cap: US$688.5b

Offers products and services that address enterprise information technology environments worldwide.

Cisco Systems

Market Cap: US$272.0b

Designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China.

Alibaba Group Holding

Market Cap: US$268.1b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

Salesforce

Market Cap: US$257.3b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

International Business Machines

Market Cap: US$241.9b

Provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

ServiceNow

Market Cap: US$201.0b

Provides cloud-based solution for digital workflows in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.

Adobe

Market Cap: US$157.3b

Operates as a technology company worldwide.

Arista Networks

Market Cap: US$143.5b

Engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Palo Alto Networks

Market Cap: US$135.5b

Provides cybersecurity solutions worldwide.

CrowdStrike Holdings

Market Cap: US$116.6b

Provides cybersecurity solutions in the United States and internationally.

Fortinet

Market Cap: US$80.2b

Provides cybersecurity and convergence of networking and security solutions worldwide.

Snowflake

Market Cap: US$73.2b

Provides a cloud-based data platform for various organizations in the United States and internationally.

Cloudflare

Market Cap: US$68.8b

Operates as a cloud services provider that delivers a range of services to businesses worldwide.

Autodesk

Market Cap: US$64.9b

Provides 3D design, engineering, and entertainment technology solutions worldwide.

Workday

Market Cap: US$64.5b

Provides enterprise cloud applications in the United States and internationally.

VMware

Market Cap: US$61.5b

VMware, Inc. provides software solutions in the areas of modern applications, cloud management and infrastructure, networking, security, and workspaces in the United States and internationally.

Roper Technologies

Market Cap: US$60.5b

Designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally.

CoreWeave

Market Cap: US$55.5b

Operates a cloud platform that provides scaling, support, and acceleration for GenAI.

Atlassian

Market Cap: US$53.3b

Through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide.

Datadog

Market Cap: US$51.7b

Operates an observability and security platform for cloud applications in the United States and internationally.

Zscaler

Market Cap: US$44.6b

Operates as a cloud security company worldwide.

Cognizant Technology Solutions

Market Cap: US$37.8b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

Super Micro Computer

Market Cap: US$32.5b

Develops and sells high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally.

Seagate Technology Holdings

Market Cap: US$32.0b

Engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally.

Baidu

Market Cap: US$31.2b

Provides online marketing and non-marketing value added services through an internet platform in the People’s Republic of China.

Broadridge Financial Solutions

Market Cap: US$29.8b

Provides investor communications and technology-driven solutions for the financial services industry.

HubSpot

Market Cap: US$29.5b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

Keysight Technologies

Market Cap: US$28.6b

Provides electronic design and test solutions worldwide.

Hewlett Packard Enterprise

Market Cap: US$27.2b

Provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Ubiquiti

Market Cap: US$27.0b

Develops networking technology for service providers, enterprises, and consumers.

Western Digital

Market Cap: US$24.0b

Develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the Americas, Asia, Europe, the Middle East, and Africa.

Tyler Technologies

Market Cap: US$24.0b

Provides integrated software and technology management solutions for the public sector.

Jabil

Market Cap: US$23.9b

Provides manufacturing services and solutions worldwide.