[jjkeddo199]

For scale: The global box office revenue of every single nation's film industry combined is about 42 billion dollars as of 2019. Nvidia's growth in market cap of ~350 billion since end of 2022 to 2 trillion today is almost enough to account for the entire 1.6 trillion (6%) growth in US economy for 2023.

Nvidia single-handedly carried the United States of America's 2023 GDP from recession territory (0% growth) to unprecedented massive economic boom (6% growth)!

--

https://en.wikipedia.org/wiki/Film_industry

https://www.bea.gov/news/2024/gross-domestic-product-fourth-....

[sib]

Market Cap (and, therefore, growth in Market Cap) is not a component of GDP.

Also, to the extent that the chips are built in Taiwan, I'm not sure that they count in the US's GDP at all.

[bluecalm]

Or maybe NVidia was just heavily undervalued and the market just caught up. It wouldn't be the first time it happened. When AMD released first Epic/ThreadRippers which made it obvious they are going to wipe the floor with Intel, it was more than 10x cheaper than it is today.

People were shouting "P/E" and "Dividends" back then for a few years as well thinking it's crazy AMD approaches Intel's market cap.

[behindsight]

Nvidia's revenue is ~$60 billion dollars.

But in all honesty, the box office numbers aren't as impressive as the longtail licensing and merchandising.

That's where the real money is made for the movie franchises.

[Sohcahtoa82]

Merchandising, Merchandising!

https://youtu.be/vjB8XXw9y70

[oezi]

Doesn't the 42bn USD of the film industry include longtail and licensing?

[sib]

US Domestic Box Office was about $7.5B in 2022 and $8.9B in 2023. So if there's a number of $42B, it is including a lot of other revenue.