Nvidia CEO Jensen Huang's stake in chipmaker Nvidia skyrockets to more than $90 billion after record rally fueled by AI processor demand.
Nvidia CEO Jensen Huang's stake in chipmaker Nvidia skyrockets to more than $90 billion after record rally fueled by AI processor demand.

Once Upon a Time in Silicon Valley

Five years ago Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. But after Thursday's record rally his holdings now stand at more than $90 billion.

Huang's Shrek sized Fortune

Nvidia's first quarter earnings beat estimates with sales soaring over 200%. Huang indicated the company sees insatiable demand for its AI GPUs signaling that big cloud companies could get a strong return on investment.

From Swamp to Castle in Five Years

With Nvidia's stock skyrocketing Huang's stake rose by about $7.7 billion in just one day. The once 3D gaming GPU builder has now delved into cloud gaming the metaverse and cryptocurrency mining chips.

The AI Fairytale Begins

In 2022 OpenAI's ChatGPT revolutionized the concept of generative AI propelling Nvidia to the forefront of AI chip development. Huang's constant sales pitches on the power of Nvidia's GPUs paid off as the company now dominates the AI chip market.

From Green Ogre to AI Mastermind

Thanks to Microsoft Google and Meta's heavy investments in AI research and development Nvidia's fortunes soared. Huang the face of Nvidia is now among the 20 richest people globally with a net worth exceeding $90 billion.

Dragons Magic and High Roller Pay

Nvidia CEO pay hit $34.2 million amidst the stock market frenzy showcasing that in the realm of technology and AI the riches can rival those of a fairy tale kingdom.


Comments

  • liaochong14 profile pic
    liaochong14
    5/24/2024 11:41:07 PM

    When Nvidia's stock value keeps going up, you know we're far, far away from a recession!