How many technology companies in silicon valley

The chasm between the Top tech employers in Silicon Valley and their smaller peers is just as glaring. The anointed group — Apple Inc. AAPL, CSCO, TSLA, INTC, LMT, UBER, The magnitude of that growth is huge compared to anywhere else. The disparity, based on key economic indicators compiled by the Silicon Valley Index, is compelling, indicating that the concentration of corporate power in the region increasingly rests with fewer companies. Tech jobs grew in even as the pandemic ravaged much of the economy.

Small-business diaries: Read about how a Bay Area bar and a San Francisco corset maker are weathering the pandemic. LYFT, The US is also home to some of the biggest tech companies in the entire world, including the most valuable company in the world. Even in the United States, there is a region which is especially well known for being the home to many major tech companies, and is often called the tech capital of the world as well, which is Silicon Valley.

Silicon Valley is home to several cities, each of which are home to multiple Fortune companies as well. The biggest city in Silicon Valley is San Jose, which has also become one of the most expensive cities in the world mainly because of the presence of major companies and a higher standard of living being maintained.

If you want to understand just how powerful Silicon Valley is, it has the third highest GDP per capita in the entire world, only after Zurich in Switzerland and Oslo in Norway. So why exactly is it called Silicon Valley? Well, it got the name due to several companies and innovators located in the area who were engaged in the production of silicon based transistors and integrated chip circuits. While there are at least 30 Fortune companies in Silicon Valley, that's not all.

The area is famous for drawing innovative people and companies, which is why it is home to thousands of start-ups, accounting for a third of all investments made by venture capital funds in the country. Among other technologies, the silicon based integrated circuit, microcomputers and microprocessors were all developed in Silicon Valley, and the term Silicon Valley is used to describe any area concentrated with tech companies as a comparison, and the actual Silicon Valley even attracts a lot of people across the world to visit the area and hence, boosts tourism as well.

The link between Silicon Valley and tech has now existed for decades and the area was also the center of the dot com bubble in the s and early The dot com bubble refers to a lot of speculation on Internet companies, leading to their prices rising massively over a short period, as Internet use grew more and more.

The Covid pandemic has caused recessions and depressions across the world, as most countries went into lockdowns to prevent more cases and deaths. Most industries suffered, resulting in millions of lay-offs and many people being uncertain about where their next paycheck would come from. And while it has also impacted the tech sector, due to global supply chain and manufacturing issues, the tech industry has still seen some levels of success, and generally hasn't been close to as hard hit as most other industries.

One of the major benefits that tech companies had was that their employees could easily work remotely, something which people in the manufacturing sector can't do, and hence, while operations were impacted, it wasn't as bad as it could've been.

These companies also provide direct employment to , people while providing indirect employment to millions more. To determine these companies, we have selected those originating in the aforementioned Silicon Valley cities and ranked them according to their revenue, profits, assets, market cap and employees, with all of the data being taken from the Fortune list.

So without further ado, let's take a look at the companies originating from Silicon Valley and dominating the world, starting with number The company makes and develops analytical instruments which are used in laboratories and was founded 22 years ago in WD manufactures hard drives and is also a data storage company, with their hard drives being quite popular.

The e-commerce company came into existence in and has operations in at least 32 countries worldwide. HP is known for manufacturing laptops and is counted among the biggest laptop manufacturers in the world, and is also involved in manufacturing normal printers and 3D printers in addition to PCs. Applied Materials is involved in several aspects of the semiconductor industry and was founded 53 years ago in Nvidia is an artificial intelligence and tech company which makes GPUs primarily, which is its main claim to fame.

Adobe is one of the biggest software companies in the world, and is most famous for Adobe Photoshop and Adobe Flash as well as Acrobat Reader. A government research project that would go on to become the internet. PARC invented early computing tech, including ethernet computing and the graphical user interface. In the s, companies like Atari, Apple, and Oracle were all founded in the area In the s, Silicon Valley became the widely accepted center of the computer industry.

The growth of the tech industry in the area continues to this day. Follow Tech Insider: On Facebook. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts. Account icon An icon in the shape of a person's head and shoulders.