Nvidia, Tencent in race for next spot in trillion-dollar club

The technology industry represents five of the six current members of the trillion dollar club and may well be the spawning ground for the next. — AFP

Tesla Inc’s ascent into the most exclusive of corporate clubs – the US$1 trillion (RM4 trillion) capitalisation set – has investors guessing on which company will be the next to join.

The technology industry represents five of the six current members and may well be the spawning ground for the next. But there is competition. The commodity supercycle, the global push for clean energy and biotechnology developments could all produce candidates.