Nvidia is now more worth more than all countries except the US and China.Is this a bubble?
>>61241985Don’t you feel like in a global capitalist world we should actually see a lot more companies outpacing gdps, especially companies coming from the worlds largest gdp country? I don’t really see an issue with this, I’m surprised it didn’t happen sooner.
>>61241985why compare marketcap and GDP? how does marketcap make NVDA "richer than most countries on earth"?
>>61242009this, compare budgets in any case
>In 2024, total German private wealth was approximately $17.4 trillion USD in total private wealththese tweets are for simpletons who are bitter they missed NVDA, TSM, GOOG, MSFT, AMD, ORCL, AVGO, sometimes even SPY and QQQ
>>61241985>GDP =/= net wealthThere you fucking trad. As a rule of thumb multiply a country's GDP by 8 to get its net wealth
>>61241985You think a country is only worth as much as their economic activity during one year? Are you retarded?
>>61241985That's not how it fucking works, comparing a fixed store of wealth to a fluid measure of wealth movement like GDP is retarded. US total wealth was most recently estimated at $163 trillion, NVDA is just barely 3% of that number. If you compare it to total assets it gets even smaller, those are estimated to be roughly between $400 trillion and $500 trillion.
>>61242003Yep, we already are seeing company based tech cities all over the US, silicon Valley, Elons Starship in Texas, theres a semiconductor city going up in Arizona right now.Youre either going to have to land a job at one of these tech empires, or youre going to live a 3rd world lifestyle basically
>>61242175South Korea is the future of all capitalist countries, North Korea of all non-capitalist ones
>>61241985Not yet dude we still have to convince everyone to buy in
If this is bait it's exquisite
>>61241985lol ready for the EuroCope...
>>61243981underrated post
>>61241985>Nvidia is now more worth moremarket cap includes the estimated value of all future earningsgdp does notif you could buy shares of "USA stock" that entitle you to a % of all future tax revenue, the market cap would be in the quadrillions
