Siemens Energy’s Stock Rally Hits 200%, Outshining Even Nvidia

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In what’s been another year of underperformance for European stocks versus their US peers, a German renewable energy firm is bucking that trend with a rally beating even that of semiconductor-darling Nvidia Corp.

Siemens Energy AG shares are set for a sixth straight week of gains and have now tripled this year, the only stock in Europe’s Stoxx 600 benchmark to top the US chip giant’s 177% advance.

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