Industry Classification in Technology Sector

Medium Industry And Company Analysis Industry Classification

During a recent investment symposium, analysts discussed the challenges in accurately classifying companies within certain industries due to overlapping operations and changing market dynamics. One analyst highlighted the importance of industry classification systems like the Global Industry Classification Standard (GICS) and the Industry Classification Benchmark (ICB) in providing clarity.

Which of the following companies is most likely to be classified in the Technology sector according to GICS?

NVIDIA Corporation, a leading graphics processing unit (GPU) manufacturer.

PepsiCo, Inc., a well-known beverage and snack producer.

Berkshire Hathaway Inc., a multinational conglomerate holding company.

Hint

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