Nvidia Takes Top Spot in the List of Best-Managed Companies of 2025

Nvidia is No. 1 in the annual Management Top 250, in a year when the tech industry’s overall dominance continued to slip in the ranking of America’s best-run companies.

With innovation and financial strength driving shifts in the upper reaches of the ranking, five of the so-called Magnificent Seven tech firms landed in the very top spots: Nvidia took the lead from Apple, which replaced it at No. 2. Microsoft kept the third spot, and Alphabet returned to fourth, after slipping to eighth last year. Amazon.com—officially a retailer despite its heavy tech emphasis—ranks fifth, up from No. 19 last year.