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The trillion-dollar club has been leading the **S&P 500** through this bull market and to multiple records over the past few years. Now, this isn't an official club but rather a reference to companies with a market value of more than $1 trillion -- and today, there are more than a dozen of them, mainly in the technology sector. Why is the trillion-dollar club so tech-heavy?
The growth of artificial intelligence (AI) surely plays a significant role. Most of these players have seen their market values surge as they've become more involved in this hot space and even generated soaring revenue thanks to AI. For example, **Nvidia** became the first company to reach $4 trillion in market value last year, and its market capitalization has since surpassed $5 trillion. **_Missed AI's "Act 1"?
Act 2 Could Be 15x Bigger._**_Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout._**_Continue »_** Just this week, another company -- one that's greatly involved in the AI race -- saw its market value reach $1 trillion, offering it a spot in this fast-growing club.
This is a stock that's climbed 14,000% since its initial public offering. Now the question is: Is this tech player still a buy? Without further ado, let's discover this well-established company -- one that's been around since 1969 -- that reached $1 trillion in value this week.
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