Nvidia’s exceptional first-quarter results have placed the chipmaker at the forefront of the AI revolution, with its market value set to rival the combined value of all German listed companies.
According to FactSet, as of Wednesday, companies with primary listings in Germany have a total market value of €2.315 trillion ($2.51 trillion).
Nvidia’s after-hours surge to $1,007 per share positions the company to achieve a market value of $2.5 trillion.
German companies, from A.S. Creation Tapeten to Zooplus, including BMW, SAP, and Volkswagen, collectively earned €121.56 billion on sales of €2.96 trillion last year, per FactSet data.
In comparison, Nvidia earned $42.6 billion on sales of $79.7 billion over the past 12 months, with its first-quarter results exceeding expectations.
Nvidia’s revenue and profit growth are impressive, with adjusted earnings per share up 461% year-on-year and sales growth of 262%.
For investors looking for broader exposure to the German market rather than a single company like Nvidia, the iShares MSCI German ETF (EWG) tracks an index covering about 85% of the German market cap.
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