Why Nvidia’s $5 trillion valuation doesn’t make it ‘bigger than’ India

Nvidia’s $5 trillion market capitalization surpasses India’s GDP, but this comparison is flawed. Market cap reflects investor expectations of future profits, while GDP measures annual economic output. Accurately comparing the two, revenue shows Nvidia’s ~$130.5B fiscal-year 2025 revenue is just over 3% of India’s ~$4.1–$4.2T economy.