Nvidia just crossed $5T, on par with Germany’s annual output, and now represents a little over 8% of the S&P 500. With AI data-center spending powering roughly 92% of U.S. GDP growth in the first half of 2025, we unpack how one company became central to markets and the economy, why its products (GPUs, networking, CUDA) lock in demand, why humans can’t intuit trillion-scale numbers, and how a sudden drop could reverberate from index funds to the AI build-out itself. Chapters/Segments: 00:00 Intro & market setup 00:09 Nvidia hits $5T; as big as Germany 01:44 Nvidia = 8% of the S&P 500 02:27 AI build-out and U.S. GDP growth 02:45 Why concentration is the real headline 04:55 Bigger than the entire Russell 2000 combined 05:55 Why our brains can’t grasp trillions 08:18 What Nvidia actually makes (plain English) 10:20 Not calling a crash, explaining the stakes

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