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About Silicon Valley, the IT center of the world
Silicon Valley is a region in the US state of Northern California that serves as a global center for high technology and innovation.
30% of people in the valley work in an IT company on a 10-hour day basis and earn around $200 a year.
The world's largest companies are located here. Here's a look at these companies and their market capitalizations:
— Apple $3,026 trillion;
— Alphabet (Google) $1,294 trillion;
— Meta (Facebook) $562 billion;
— Kiss $475 billion;
— Wells Fargo $172 billion;
20 of the 10 most innovative cities in the US are located in Silicon Valley. In San Joseda alone, 3867 patents were issued last year.