Fun fact: Nvidia accounts for 16% of the US GDP and worth more than the Canadian economy and accounts for more than 3.6% of the GLOBAL GDP.
Remind me again why this is a good thing?
Fun fact: Nvidia accounts for 16% of the US GDP and worth more than the Canadian economy and accounts for more than 3.6% of the GLOBAL GDP.
Remind me again why this is a good thing?
https://medium.com/@hrnews1/the-value-of-nvidia-now-exceeds-an-unprecedented-16-of-u-s-gdp-ede4b541b24c
No?
You are comparing the total market value of NVIDIA to the sum of all transactions in a country for a year. Saying NVIDIA represents 16% of the GDP would only be true if the sales revenue of NVIDIA is 16% of the GDP, which it’s not.
Yes, no. Market cap and GDP is very different thing.
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