727
GDP (lemmy.nz)
submitted 9 months ago* (last edited 9 months ago) by Track_Shovel@slrpnk.net to c/lemmyshitpost@lemmy.world

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?

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[-] ryedaft@sh.itjust.works 92 points 9 months ago

You should compare revenue to GDP, not market cap. Nvidia revenue for 2025 has been very good so far at about 130 billion USD while the GDP of Canada was about 2.3 trillion USD.

But some of the Nvidia revenue is paid in equity so you need to add uncertainty on the value when figuring out their revenue.

[-] ryedaft@sh.itjust.works 27 points 9 months ago

And yes, Nvidia and OpenAI and anthropic and so on are absolutely overvalued.

There's a good read about the bubble here:

How Catastrophic Is It If the AI Bubble Bursts? An FAQ. - The Ringer - https://www.theringer.com/2025/11/04/tech/ai-bubble-burst-popping-explained-collapse-or-not-chatgpt

Luckily, data centers and AI companies don't actually employ that many people so when the bubble pops the government doesn't actually have to intervene much. If you mortgaged your house to invest in Nvidia then you might want to cash out now.

[-] Revan343@lemmy.ca 4 points 9 months ago

If you mortgaged your house to invest in Nvidia then you might want to cash out now

And buy puts got it

[-] msage@programming.dev 2 points 9 months ago

Repeat after me:

Markets can remain irrational longer than you can remain solvent.

[-] Revan343@lemmy.ca 3 points 9 months ago

The big problem is that a lot of 'investors' can remain irrational longer than they can remain solvent. That wallstreetbets gambler mentality is strong

[-] ryannathans@aussie.zone 1 points 9 months ago* (last edited 9 months ago)

Except all the banks have enormous investments in the "bubble", either directly as shares/options/swaps or as loaning money. Where do ya reckon all the money is coming from for the bubble?

[-] Track_Shovel@slrpnk.net 3 points 9 months ago

Sir, do I, of all people, look like an economist? I post shitty memes for giggles and think about dirt all day.

[-] DaCrazyJamez@sh.itjust.works 31 points 9 months ago

Comparing market cap to gdp is a bit like comparing the size of a cars tires to its top speed - they arent completely unrealted, but definitely not a good basis to use.

[-] ryannathans@aussie.zone 25 points 9 months ago

Nvidia does not account for 16% of the US GDP, are you deluded?

[-] jlow@discuss.tchncs.de 24 points 9 months ago

Is her phone just an empty, semi-tranparent phone proteftion case? It looks so weird ...

[-] thatsTheCatch 30 points 9 months ago

They needed the actual phone to take this photo

[-] affiliate@lemmy.world 12 points 9 months ago
[-] Pat_Riot@lemmy.today 1 points 9 months ago

Probably slop

[-] unmagical@lemmy.ml 18 points 9 months ago

Her phone as material as the foundation of speculation for Nvidia.

[-] Fleur_@lemmynsfw.com 11 points 9 months ago

It's not about the size of the bubble, it's about the economy it's attached too.

....

Come to think of it this analogy really shows how fucked we are

[-] Holytimes@sh.itjust.works 1 points 9 months ago

When you start having a single company worth as much as Nvidia it kinda stops matter what economy it's attached to.

It's sort of attached it self to every economy.

[-] angband@lemmy.world 3 points 9 months ago

these unrealistic market caps come from rich people not being taxed. too much money to do anything useful with.

this post was submitted on 11 Nov 2025
727 points (97.5% liked)

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