Apple is best known for its flagship smartphone, the iPhone, but it has expanded its product portfolio that today consists of the iPad, Mac, Apple Watch, Apple TV, AirPods and HomePod. In addition to that, Apple develops its own software, ranging from iOS, macOS and tvOS to Safari and iTunes. The company has also significantly increased its range of services, including Apple Music, Apple TV+, Apple Arcade, Apple News+ and the App Store. Microsoft is a multinational technology company headquartered in Redmond, United States.
The company was founded in 1975 by Bill Gates and Paul Allen in Albuquerque, New Mexico. During the 1990s, Microsoft dominated the personal computer software market, and Windows became the world's most popular operating system, a title it still holds today. Microsoft went public in 1986 when it was listed on the NASDAQ stock exchange. Like many other technology companies, Microsoft shares benefited greatly from the dot-com boom in the late 1990s, but fell back down when the bubble finally burst.
NVIDIA is a multinational technology company headquartered in the United States. Department of State that focuses on the design and manufacture of graphics processing units (GPUs), application programming interfaces (APIs) and systems on a chip unit (SoC). NVIDIA continued to move forward with its GeForce and Tegra series processors, as well as with its advances in the field of artificial intelligence and deep learning. Today, Amazon gets most of its money from its online retail marketplace, Amazon Web Services, Amazon Prime, and its rapidly growing advertising business.
Saudi Aramco is an oil and gas company headquartered in Dhahran. (Saudi Arabia). The Saudi Arabian government is by far the largest shareholder. The company was founded in 1933 under the name Arabian American Oil Company (ARAMCO) when an agreement was reached between Saudi Arabia and the American Standard Oil Company.
The Saudi government took full control of the company in 1980 and renamed it Saudi Arabian Oil Company or Saudi Aramco for short. Saudi Aramco's main activity is the exploration, production, refining and distribution of petrochemical and petrochemical products. The company is important to the Saudi Arabian economy, which is heavily dependent on oil revenues. Saudi Aramco shares have been stable since the IPO, trading in a range of 25 to 35 SAR for most of the time.
The stock offers an attractive dividend yield, but is still very sensitive to oil prices. It was formerly known as Facebook until it changed its name to Meta, which would supposedly highlight a shift in focus to the metaverse. The company is headquartered in Menlo Park, California, and remains one of the largest technology companies in the world. Meta makes money primarily by selling advertising space on its various social media platforms.
Other sources of revenue are Reality Labs, which includes its augmented and virtual reality products, and the net commissions it receives from customers using the payment infrastructure. Semiconductors are essential parts found in electronic products such as smartphones, PCs, laptops, and gaming hardware. TSMC experienced rapid growth starting in the 2000s and Taiwan established itself as a global center for semiconductor manufacturing. TSMC's customers include technology heavyweights such as Apple, Qualcomm, AMD, Broadcom, NVIDIA, Intel and Amazon.
FAANG is the acronym for a group of shares comprised of some of the largest companies in the U.S. technology sector, such as Facebook, Amazon, Apple, Netflix and Google.