Top 5 Edge Computing Companies in the World

In this piece, we will take a look at the top five edge computing companies in the world. For more companies, head on over to Top 15 Edge Computing Companies in the World.

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 89

NVIDIA Corporation (NASDAQ:NVDA) is an American semiconductor designer and seller. It sells graphics processing units (GPUs) and other chip products. The firm is headquartered in Santa Clara, California, the United States.

NVIDIA Corporation (NASDAQ:NVDA) targets edge computing with its EGX Edge Computing Platform. This lets customers scale up performance to cover hundreds of users for analyzing speech and other data. Additionally, the company also provides its Edge Stack software for enterprise platforms. NVIDIA Corporation (NASDAQ:NVDA)’s technologies are used by some of the world’s largest companies, such as Apple’s primary manufacturing partner Foxconn.

Insider Monkey scanned 920 hedge fund portfolios for their Q3 2022 investments to discover that 89 had bought NVIDIA Corporation (NASDAQ:NVDA)’s shares.

NVIDIA Corporation (NASDAQ:NVDA)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 12 million shares that are worth $1.4 billion.

4. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 115

Netflix, Inc. (NASDAQ:NFLX) is one of the world’s largest video streaming platform providers. The company produces its own content as well as provides access to other production houses’ movies, television shows, and documentaries.

While an unlikely candidate for edge computing, Netflix, Inc. (NASDAQ:NFLX)’s business model makes it consistently look for avenues to improve performance. The firm deploys micro data centers that are located close to its user clusters. This reduces the time taken for content to stream on its platform.

115 out of the 920 hedge funds polled by Insider Monkey for their September quarter of 2022 investments had held a stake in Netflix, Inc. (NASDAQ:NFLX).

Out of these, Ken Fisher’s Fisher Asset Management is Netflix, Inc. (NASDAQ:NFLX)’s largest investor through a $1.5 billion stake that comes via 6.6 million shares.

3. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 156

Alphabet Inc. (NASDAQ:GOOG) is the holding company for Google and other firms that target autonomous driving and smart gadgets. It is headquartered in Mountain View, California.

Alphabet Inc. (NASDAQ:GOOG)’s Google Distributed Cloud extends Google’s Cloud to localized data processing centers. This enables customers to build applications on the go, meet regulatory requirements, and generate real time data insights through localized computing.

As part of their third quarter of 2022 holdings, 156 out of the 920 hedge funds surveyed by Insider Monkey had held a stake in Alphabet Inc. (NASDAQ:GOOG) .

Alphabet Inc. (NASDAQ:GOOG)’s largest investor in our database is Chris Hohn’s TCI Fund Management. It owns 52 million shares that are worth $5 billion.

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 269

Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology companies in the world. It offers an operating system, data center services, and gadgets.

Microsoft Corporation (NASDAQ:MSFT)’s Azure platform is one of the most popular data center and cloud computing platforms in the industry. Azure’s edge division is called Azure private multi access edge compute (MEC) and it lets customers choose their edge platforms, use the Internet of Things (IoT) gadgets to build an ecosystem, and create secure connections between the endpoint and Azure hybrid cloud.

Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 269 had bought Microsoft Corporation (NASDAQ:MSFT)’s shares.

Out of these, Michael Larson’s Bill & Melinda Gates Foundation Trust is Microsoft Corporation (NASDAQ:MSFT)’s largest shareholder through a $9 billion stake that comes via 39 million shares.

1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 269

Amazon.com, Inc. (NASDAQ:AMZN) is the world’s largest electronic commerce retailer. The company has also diversified its business to target the consumer electronics, cloud computing, and satellite internet industries.

Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon Web Services (AWS) division also offers edge computing services. These include building applications to deploy on both the cloud and the edge, equipment located outside AWS data center clusters, and employing purpose built applications for the Internet of Things (IoT), 5G, and industrial machine learning use cases.

269 out of the 920 hedge funds part of Insider Monkey’s third quarter of 2022 survey owned a stake in Amazon.com, Inc. (NASDAQ:AMZN).

Amazon.com, Inc. (NASDAQ:AMZN)’s largest shareholder is Ken Fisher’s Fisher Asset Management which owns 49 million shares that are worth $5.6 billion.

Disclosure: None. You can also take a look at 10 Best Auto Stocks To Buy Now and Top Nuclear Energy ETFs.

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