The Trillion Dollar Club: 16 Stocks Are In It and Here Are The 8 That Are Not The Magnificent Seven or SpaceX

The Trillion Dollar Club (i.e. stocks valued at over US$1tn) now boasts 16 members. When Apple became the first to crack the US$1tn mark in 2018, it was a major milestone for global investment markets.

8 years on, there are 16 companies in the trillion dollar club and while the majority are in the US and focused on tech, not all of them are. 8 of them are no surprise: the so-called Magnificent Seven (Apple, Nvidia, Microsoft, Meta, Tesla, Netflix and Amazon) along with the recently listed SpaceX. But another 8 are not and some of them you may not even know were over US$1tn even if they were household names. With this article, we hope to change that.

8 Stocks In the Trillion Dollar Club That Are Not the Magnificent Seven or SpaceX

TSMC (NYSE:TSM) — Market capitalisation ~US$2.24tn

TSMC’s rise to more than US$2tn is the most strategically significant of the eight. It manufactures the chips that power the companies that dominate global technology. Nvidia, Apple, AMD, Qualcomm and dozens of others rely on TSMC’s leading‑edge nodes. Its ascent reflects manufacturing excellence, capital discipline and geopolitical positioning.
TSMC’s most recent annual revenue was US$76bn, with net profit of US$30bn. It controls more than half of global foundry capacity and more than 90% of the world’s most advanced chip manufacturing.

The company scaled because it executed consistently at the frontier of semiconductor physics. It built fabs competitors could not replicate, delivered yields that set industry benchmarks and maintained a cadence of innovation that kept Moore’s Law commercially viable. It also benefited from secular demand for its chips, in applications such as AI accelerators, smartphones, automotive chips, HPC workloads and sovereign investment in semiconductor resilience.

TSMC’s rise reflects the economics of scale, the scarcity of leading‑edge manufacturing and the strategic importance of semiconductors in every major industry.

Broadcom (NASDAQ:AVGO) — Market capitalisation ~US$1.76tn

Broadcom’s position above US$1.7tn is the result of connectivity dominance and disciplined execution. It sits at the centre of global networking: switching silicon, storage controllers, Wi‑Fi modules, RF components and enterprise software through acquisitions such as VMware.

Broadcom’s most recent annual revenue was US$35bn, with net profit of US$14bn. Its margins are among the highest in semiconductors because it dominates markets with high switching costs and long product cycles.

The company scaled because it focused on infrastructure segments where reliability matters more than marketing. It priced its products according to their indispensability, avoided the cyclical traps that hurt other chipmakers and expanded into software to build recurring revenue. Its acquisition strategy added scale without diluting discipline.

Saudi Aramco (TADAWUL:2222) — Market capitalisation ~US$1.69tn

Saudi Aramco’s valuation reflects its scale as well as its status as the world’s largest oil producer, the world’s most profitable company and the consequential backbone of Saudi Arabia’s economy.

Aramco’s most recent annual revenue was US$440bn, with net profit of US$120bn. Its production costs are among the lowest globally, giving it margins that no other energy company can match.

Aramco scaled because it maintained production discipline, expanded downstream, invested in chemicals and refining and leveraged sovereign backing to build infrastructure that supports long‑term demand. It also benefited from oil‑price cycles, geopolitical dynamics and global energy consumption.

Samsung Electronics (KRX:005930) — Market capitalisation ~US$1.28tn

Samsung Electronics is one of the few companies that competes across semiconductors, consumer electronics, displays, memory, appliances and mobile devices — and wins in most of them.

Samsung’s most recent annual revenue was US$200bn, with net profit of US$15bn. Its profitability fluctuates with memory cycles, but its scale is unmatched.

Samsung scaled because it executed across multiple markets simultaneously. It built the world’s largest memory business, became a global leader in smartphones, dominated OLED displays and invested heavily in foundry capacity. Vertical integration — components, devices, distribution and brand — amplified its competitive position.

Eli Lilly (NYSE:LLY) — Market capitalisation ~US$1.10tn

Eli Lilly’s rise into the trillion‑dollar club is one of the most remarkable in modern markets. It is driven by metabolic‑disease drugs (particularly GLP‑1 agonists such as Mounjaro and Zepbound) which transformed Lilly from a large pharmaceutical company into a global leader in obesity and diabetes treatment. Eli Lilly’s most recent annual revenue was US$34bn, with net profit of US$5bn. Demand for its GLP‑1 drugs continues to exceed supply given their proven impact.

This company, headquartered in Indiana, scaled because it executed scientifically and commercially. It developed drugs with superior efficacy, navigated regulatory pathways, scaled manufacturing and built a commercial strategy that positioned GLP‑1s as lifestyle‑changing medications. It also benefited from global demand for obesity and diabetes treatment. Lilly’s rise reflects pharmaceutical innovation meeting global health demand at scale.

Berkshire Hathaway (NYSE:BRK.A) — Market capitalisation ~US$1.09tn

Berkshire Hathaway’s valuation is the result of several decades of successful investing by Warren Buffett and his team. You name something and Berkshire has invested in it: whether insurance, railroads, utilities, manufacturing, retail or financials. Berkshire is a conglomerate with a balance sheet that rivals sovereign wealth funds.

Berkshire’s most recent annual revenue was US$364bn, with net profit of US$97bn (including investment gains). Operating earnings were US$37bn.

The company scaled because it executed consistently for decades. It built an insurance float that funded investments, acquired businesses with durable economics, avoided leverage and maintained discipline through market cycles. Its equity portfolio (most famously led by Apple) amplified returns. While Buffett has retired, there’s little sign that things will change much under Greg Abel.

Micron Technology (NASDAQ:MU) — Market capitalisation ~US$1.06tn

Micron’s rise into the trillion‑dollar club is the most surprising of the eight. Memory is cyclical and capital‑intensive. But AI changed the economics. High‑bandwidth memory (HBM) became essential for AI accelerators, and Micron became one of the few companies capable of producing it at scale.
Micron’s most recent annual revenue was US$23bn, with net profit of US$3bn.

Micron scaled because it executed through a cycle that eliminated weaker competitors. It invested in advanced memory nodes, improved yields, expanded HBM capacity and positioned itself as a critical supplier to Nvidia, AMD and AI‑infrastructure builders. It also benefited from demand for AI training, inference and cloud workloads.

Micron’s rise reflects surviving a commodity cycle long enough to benefit from a structural shift.

SK Hynix (KRX:000660) — Market capitalisation ~US$1.03tn

SK Hynix’s rise mirrors Micron’s but with stronger execution. It became the world’s leading supplier of HBM, delivering the chips that power Nvidia’s H100, H200 and Blackwell platforms.
SK Hynix’s most recent annual revenue was US$32bn, with net profit of US$4bn.

The company scaled because it executed technologically. It built memory products with superior bandwidth, power efficiency and thermal characteristics. It also benefited from strategic partnerships, sovereign support and the global shift toward AI‑centric data‑centre architectures.