Nvidia's 8% Grip on the S&P 500 Is Unlike Anything Wall Street Has Seen: Jensen Huang-Led Chipmaker is 'Making History,' Says This Commentator
Nvidia accounts for roughly 8% of the S&P 500's total market cap, outweighing five of the index's 11 sectors combined.
Nvidia has become so big that it makes up 8% of the entire S&P 500 index—like one company being as important as five whole industries combined. When one company gets this huge, it means the whole market's ups and downs depend more on that one company's success or struggles.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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