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?

  • ryedaft@sh.itjust.works
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    1 day 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.

    • Track_Shovel@slrpnk.netOP
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      14 hours ago

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

    • ryedaft@sh.itjust.works
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      24 hours 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.

      • ryannathans@aussie.zone
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        12 hours 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?

      • Revan343@lemmy.ca
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        16 hours ago

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

        And buy puts got it