Nvidia is making history again:
Nvidia, $NVDA
, now represents 4.96% of the MSCI All Country World Index (ACWI), near the highest level on record.
The ACWI Index covers ~85% of global equity markets, including large and mid-cap stocks.
Nvidia’s weight is now larger than Japan’s proportion of 4.94%, the world’s 3rd-largest stock market.
Its contribution to the index is also greater than that of France and Germany combined.
By comparison, the UK, Canada, and China make up 3.30%, 3.09%, and 2.83%, respectively.
There has never been a company like Nvidia.
