Philip Trammell(@pawtrammell):Though it seems next to no one had appreciated this, US GDP simply doesn't count Nvidia's value-add! Taiwan's stats don't either (which they shouldn't), so the world's largest firm is just left out of GWP! This is largely because of a politicized decision over a decade ago. People worried that counting the sort of design work firms like Nvidia do as "manufacturing" would interfere with efforts to promote "real" US manufacturing, and it ended up just not being counted anywhere.

2026.08.24 18:55

Though it seems next to no one had appreciated this, US GDP simply doesn't count Nvidia's value-add! Taiwan's stats don't either (which they shouldn't), so the world's largest firm is just left out of GWP! This is largely because of a politicized decision over a decade ago. People worried that counting the sort of design work firms like Nvidia do as "manufacturing" would interfere with efforts to promote "real" US manufacturing, and it ended up just not being counted anywhere.

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