The NVDA Shock: Dotcom Giants Look Like Penny Stocks
The sheer scale of the Nvidia surge is rewriting market historyโand not in a good way. We are seeing valuations that make the peak of the Dotcom bubble look profoundly modest.
When giants like Cisco and Intel dominated in 2000, their combined peak Enterprise Value hit roughly 12% of US GDP. NVDA alone is currently sitting above 16%. This single company's market cap now represents nearly 4% of global GDP.
Experts are beginning to signal that the top is in. If this massive equity overhang begins to correct, risk assets across the board will feel the tremors. The question isn't if the bubble bursts, but where the smart money flows when it does. $BTC and $ETH are the ultimate escape hatch from centralized equity chaos, but they are not immune to systemic shocks fueled by this level of volatility.
This is not financial advice.
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