Close Menu
    Wall Street

    Nvidia is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP.


    Nvidia is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP.

    https://i.redd.it/5ub8pt2p46vd1.jpeg

    Posted by longstorySchorsch

    View 37 Comments

    37 Comments

    3. Huckleberry-V on

      Every time we hit a new ATH I sell half. Every time we dip I buy what I can. It’s making up for a lot of really stupid trades.

    6. six_string_sensei on

      I don’t like stats that compare flow variables (GDP) to stock variables (Valuation)

    8. mathewgilson on

      Why do people keep trying to make NVDA the next Cisco? They’re not the same, not even close.

    11. EtrainFilmz on

      Comparing GDP to Market Cap is about as regarded as this sub can get. They are two different metrics. That’s like comparing one companies net income to another’s net assets.

    13. TimedOutClock on

      People saying bullish on nvidia… Do yall realize that companies aren’t buying data centers yearly? Feels like a lot of orders have already been passed and we’re due for a lull until these companies figure out a way to earn back their investments with AI. If they can’t, it’s going to be a nasty crash. With how pricey those centers are also getting, I wouldn’t be surprised if the economics started to not make sense at all even if the AI models were successful. Pretty much sell territory if you got big gains and see if there’s a breakthrough in AI. That’ll be the next catalyst

    15. EmbarrassedCoast4611 on

      Apple is worth 12% of the US GDP now. So? Why people keeping mentioning NVDA is a bubble but not Apple? Is it a racist things or what?

    16. wrighterjw10 on

      I’m fairly confident we understand tech’s place in the economy and our lives more clearly.

      Comparing tech today to then is a pointless exercise.

    18. stonk_monk42069 on

      And Nvidia is still much cheaper than Cisco was at the peak no matter the metrics you look at. 

    19. moxyte on

      * Trailing P/E 61.70
      * Forward P/E 33.78

      Impressive. I missed the boat on this one but fomo devil is saying 34 is juuuuust fine for this once.

    22. Samjabr on

      Every time I see someone make the CSCO comparison, I buy more.

      CSCO had a PE of **700** and sold products to companies that were bankrupt on paper and valued by eyeballs or clicks.

      NVDA has a PE of 50 and sells to companies that have so much money they are buying nuclear reactors, their own shares, and anything else they can think of.

    23. SuperNewk on

      It won’t end until AI doesn’t work, if AI doesn’t work then our economy is going to tank out.

    24. intelligentx5 on

      Cisco didn’t have shit. NVDA has an immediate term strong hold and market share in AI which is legitimately the next frontier technology and compute wise.

      What the total value of the market is, who the fuck knows.

    26. callmecrude on

      Compare the % of NVDA’s revenue that directly or indirectly impacts other country’s GDP and you quickly see why this is a useless statistic.

      Cisco’s forward PE ratio during the height of the dot com bubble was nearly 300. NVDA’s is 30. But bears will DESPERATELY look for any metric that helps distort that fact and makes NVDA seem like a bubble that they didn’t miss the boat on 🤷‍♂️

    28. Inexpressible on

      Ah yes, lines look like other lines if i move them – therefore this will happen again or it won’t. 50/50%.

    31. ThePervyGeek90 on

      Nvidia won’t be done going up for the next couple of years. Then we should start to see the crash. Everyone is playing AI catch-up for an easy cash grab from investors.

    35. Pretend-Money-3758 on

      Gaming is more powerful than whatever Cisco did sure that the biggest difference the kids know and will know what a rtx3090 is

    Leave A Reply
    Share via