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The US federal budget in 2024 had outlays of 6.8 trillion dollars [1]. nVidia's current market cap (nearly all AI investment) is currently 4.4 trillion dollars
by atmavatar 11mo ago
The US federal budget in 2024 had outlays of 6.8 trillion dollars [1].
nVidia's current market cap (nearly all AI investment) is currently 4.4 trillion dollars [2][3].
While that's hardly an exact or exhaustive accounting of AI spending, I believe it does demonstrate that AI investment is clearly in the same order of magnitude as government spending, and it wouldn't surprise me if it's actually surpassed government spending for a full year, let alone half of one.
1. https://www.cbo.gov/publication/61181 https://www.cbo.gov/publication/61181
2. https://www.google.com/finance/quote/NVDA:NASDAQ https://www.google.com/finance/quote/NVDA:NASDAQ
3. https://www.cnbc.com/2025/09/30/nvidias-market-cap-tops-4point5-trillion-on-ai-infrastructure-deals.html https://www.cnbc.com/2025/09/30/nvidias-market-cap-tops-4poi...
- diziet 11mo ago> NVIDIA's total annual revenue for its fiscal year 2025 (ended January 26, 2025) was $130.5 billion It is clearly not in the same order of magnitude
- randomNumber7 11mo agoYou need to look at turnover also.