California tops Texas and New York as the state with the most Fortune 500 companies

California has long been a hub of economic success, and with the world’s recent AI explosion, America’s technology capital is ready to soar to even greater heights.

For the first time since 2014, the golden state beat out Texas and New York to become home to the most Fortune 500 companies, with an impressive 57 companies within its borders. Texas and New York, which both tied for second, have 52 companies each.

Texas has proven to be tough competition in recent years, with companies like Tesla and pharmaceutical giant McKesson moving their headquarters to the lone star state to leverage its business-friendly policies like loose regulatory oversight and low taxes. And New York, as America’s most populous city, remains the epicenter for banking and consulting firms.

Although five California-based companies dropped off the Fortune 500 list this year, the state beat out other competitors because nine companies headquartered there made the cut. Some newcomers include food delivery company Doordash and real estate investment firm Prologis, cleaning product manufacturer Clorox, and software company Workday.

Fortune 500 companies based in California

Apple, Cupertino CA, No. 3

Alphabet, Mountain View California, No. 8

Chevron, San Ramon California, No. 15

Meta Platforms, Menlo Park California, No. 30

Wells Fargo, San Francisco California, No. 34

Walt Disney, Burbank California, No. 47

Nvidia, Santa Clara California, No. 65

TD Synnex, Fremont California, No. 71

Cisco Systems, San Jose California, No. 74

Intel, Santa Clara California, No. 79

HP, Paolo Alto California, No. 82

Uber Technologies, San Francisco California, No. 113

Qualcomm, San Francisco California, No. 117

Broadcom, Paolo Alto California, No. 118

Salesforce, San Francisco California, No. 123

Molina Healthcare, Long Beach California, No. 128

Netflix, Los Gatos California, No. 131

Visa, San Francisco California, No. 135

PayPal Holdings, San Jose California, No. 145

Amgen, Thousand Oaks California, No. 151

Gilead Sciences, Foster City California, No. 154

Applied Materials, Santa Clara California, No. 158

PG&E, Oakland California, No. 167

Live Nation Entertainment, Beverly Hills California, No. 179

Advanced Micro Devices, Santa Clara California, No. 181

Block, Oakland California, No. 186

Ross Stores, Dublin California, No. 201

Adobe, San Jose California, No. 210

Lam Research, Fremont California, No. 237

Sempra, San Diego California, No. 246

Edison International, Rosemead California, No. 250

Farmers Insurance Exchange, Woodland Hills California, No. 273

Gap, San Francisco California, No. 278

Pacific Life, Newport Beach California, No. 282

Intuit, Mountain View California, No. 297

Western Digital, San Jose California, No. 334

KLA, Milpitas California, No. 382

eBay, San Jose California, No. 390

LPL Financial Holdings, San Diego California, No. 392

Airbnb, San Francisco California, No. 396

Chipotle Mexican Grill, Newport Beach California, No. 399

A-Mark Precious Metals, El Segundo California, No. 421

ServiceNow, Santa Clara California, No. 432

Sanmina, San Jose California, No. 433

DoorDash, San Francisco California, No. 443

Equinix, Redwood City California, No. 456

Prologis, San Francisco California, No. 463

Skechers U.S.A., Manhattan Beach California, No. 465

Franklin Resources, San Mateo California, No. 468

Williams-Sonoma, San Francisco California, No. 474

Electronic Arts, Redwood City California, No. 482

Clorox, Oakland California, No. 485

Workday, Pleasanton California, No. 490

Monster Beverage, Corona California, No. 496

Intuitive Surgical, Sunnyvale California, No. 497

Super Micro Computer, San Jose California, No. 498

Concentrix, Newark California, No. 499

This story was originally featured on Fortune.com