
Data source: Multiples.vc, with raw financials FactSet and Morningstar, data as of 16th November 2025
Graphics: made with PowerPoint + Excel, logos looked up online
Includes NVIDIA and the next largest publicly traded companies in Europe
Posted by alex-medellin
![[OC] NVIDIA is worth more than Europe’s 20 largest companies combined [OC] NVIDIA is worth more than Europe's 20 largest companies combined](https://www.byteseu.com/wp-content/uploads/2025/11/mmc9a6ic4u1g1-1268x1536.png)
25 Comments
This is just, the dumbest bubble.
I’m not an economist, but this doea not look like a healthy economy
80% of startups using Chinese AI *entered the chat*
How many more of these ‘nvidia is bigger than xy’ charts? It’s big, yes, we all know it. Move on.
Until the Nvidia bubble collapses and then they fall spectacularly. I can’t wait for Nvidia to fall.
Edit: I’ve upset the Nvidia bros with this comment, downvote away.
Yet, without ASML, essentially there is no NVIDIA
When the crash comes, it will be unprecedentedly brutal.
Can anybody explain how the bubble would pop? Because everyone is using ai, mostly for making ‘funny’ videos but ok. AI is something that stays around. I don’t understand.
Wow. What could possibly go wrong?
Without ASML there’s no TSMC
Without TSMC there’s no Nvidia, AMD, Intel, Qualcomm, Apple
It’s not worth more. A high market cap doesn’t indicate actual value.
The whole US are a bubble that might burst in the next decades, because public and private debt explodes in the US. That can’t work another twenty years or so.
Interesting indeed, but would nVidia exist without TSMC, and thus without ASML?
Net asset value of Nvidia is No where near the combined nav of these companies.
I think maybe “is currently valued at” might be more accurate, not sure it’s actually “worth” that much
Imaginary worth in abstract terms. It’s not like they were going to use 5% of that imaginary money to solve global hunger overnight (which they could, but they won’t, because that wouldn’t create shareholder value).
This data is NOT beautiful. This data is dystopian in a very gloomy way.
The NVIDIA graphic is the wrong shape, it’s not a rectangle, it’s more like a bubble.
This is what happens when they are a monopoly they have one thing that no one else makes other than maybe AMD but they are catching up.
They made AI chips and no one else can compete for now.
I think „worth“ is such a bad word to describe the stock market… more like „promise“ or „expectation“
Well our Companies arent bubbles. not like the us. who loves bubbles it seems like
Yea thats not bubbley at all…
Market capitalization being the sole proxy for a company worth is not really accurate
If/when AI bubble burst it will be soup kitchen on the streets bad or worse?
Tesla is worth more than VW – this is not surprising, a stock is the real value of a company. Just like the Gucci bag is worth more than the Chinese one, even if they use the same “producer”
And the revenue from those 20 largest company is around $1.4 trillion in 2024 compared to around $130 billion for Nvidia. It is all about future expectations.