Nvidia's market value is approaching US$2.6 trillion, exceeding the total market value of German listed companies-It Industry-php.cn

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Nvidia's market value is approaching US$2.6 trillion, exceeding the total market value of German listed companies

王林

Jun 07, 2024 pm 01:36 PM

Nvidia

According to news from this website on May 23, early this morning, Inlanda released its first fiscal quarter report for fiscal year 2025 as of April 28, and all data exceeded expectations.

Nvidia achieved revenue of US$26 billion in the first fiscal quarter, an increase of 262% over the same period last year. Analysts had expected US$24.65 billion; net profit was US$14.81 billion, a year-on-year increase of 628%, corresponding to net profit per share of 5.98 US dollars, analysts had expected US$5.59 per share; gross profit margin reached 78.4%, compared with 76% in the previous quarter and 64.6% in the same period last year.

NVIDIA's intraday increase reached 10%, it has risen 110% since 2024, and its total market value is approaching US$2.6 trillion.

On Wednesday, the market capitalization of Germany’s major listed companies exceeded that of all German listed companies combined, according to FactSet data. According to FactSet data, the total market value of Germany's major listed companies is approximately 2.315 trillion euros (note from this site: currently approximately 2.51 trillion US dollars).

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