There are 2,291 acres in the city limits planned for light and heavy industry. Major Highlights in the 10-year CIP.Strategic Framework for Capital Needs. Venture Capital investment funding has increased substantially for Bay Area firms in 2022. California - Total Gross Domestic Product for San Jose-Sunnyvale-Santa Clara, CA (MSA) was 334600.99300 Mil. Visa, Wells Fargo, and Chevron are three of the largest non-tech companies in the region. Apple is the proverbial king, with the largest market cap of them all. Our proprietary research and insights on investment and valuation trends show how the innovation economy is navigating the current market environment. Other major Silicon Valley cities include Santa Clara, Redwood City and Cupertino. The economy plunged into a deep recession.