Nvidia valuation eclipses GDP of several nations, signaling scale unseen in tech history

Economic commentators compared Nvidia’s $5 trillion valuation with the annual output of mid-sized economies such as the U.K., Japan, and India. Wall Street Journal noted that market capitalization now equals roughly two percent of global equity wealth. Economists warn that sustained concentration among megacaps could distort portfolio diversification metrics and policy benchmarks. Nvidia’s scale mirrors the financial gravity once associated with energy supermajors in earlier decades. Portfolio strategists foresee potential inclusion-weight caps emerging within passive-index governance if valuations continue to expand at current momentum.