Nvidia at $4 trillion m-cap! Chip titan just 5% away from surpassing India’s GDP
US chipmaker Nvidia Corporation, the first company to reach a $4 trillion market valuation, is now so large that a mere 5% rise in its stock price would make it more valuable than the entire Indian economy.
The IMF has estimated India’s GDP at $4.2 trillion and expects it to touch $4.27 trillion by the end of 2025.
Riding on the AI boom, Nvidia on Wednesday crossed the coveted milestone as its shares shot up nearly 3% on Nasdaq to hit their 52-week high.
