Nvidia’s $5.1 Trillion Market Cap Now Represents 8.5% of S&P 500
The chipmaker outweighs six of eleven S&P 500 sectors, surpassing the combined size of Materials, Real Estate, and Utilities.
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Terms & Concepts
- S&P 500: A stock market index tracking 500 large companies listed in the United States.
- Market Capitalization: The total market value of a company's outstanding shares, calculated by multiplying share price by the total number of shares.
- Sector Weighting: The proportion of a specific industry or sector within a broader market index.