📈 Top 10 Tech Stocks Lead the NASDAQ Since 2023

In August 2025, the combined market capitalization of the NASDAQ’s top ten tech stocks—Alphabet, Amazon, Apple, Broadcom, Meta, Microsoft, Netflix, Nvidia, Palantir, and Tesla—reached $21.7 trillion, 83% higher than the rest of the NASDAQ at $11.8 trillion. These companies first equaled the rest of the index in Q3 2020. Since Q1 2023, driven by the AI boom, the NASDAQ Big Ten have consistently outpaced the broader index, cementing their dominance within U.S. equity markets.