The top 8 are US companies, no 9 being TSMC. I'm sure you've come across people within the industry who are lazy but there are no doubt a lot who are not.
Rising market caps only reflects interest in public capital to flow into (public) tech companies.
And the composition of the 10 largest market cap tech companies hasn't really changed for over a decade - the only new entries are Nvidia, Broadcom, TSMC, and Tesla.
I don't see that - look at the top tech companies by market cap https://companiesmarketcap.com/gbp/tech/largest-tech-compani...
The top 8 are US companies, no 9 being TSMC. I'm sure you've come across people within the industry who are lazy but there are no doubt a lot who are not.