Get the latest tech news
Nvidia CEO Jensen Huang’s net worth surges to $90B on demand for AI chips
Nvidia CEO Jensen Huang's net worth has grown by $87 billion over the past five years to put him among the top 20 richest persons in the world.
Nvidia CEO and co-founder Jensen Huang saw his net worth significantly increase on Thursday (May 23) as shares of his semiconductor company, a key player in the artificial intelligence sector, hit a new all-time high. On Wednesday evening, Nvidia announced first-quarter earnings that exceeded expectations, with revenues soaring more than 200% for the third consecutive quarter, fueled by strong demand for AI processors. Over the past year, with the company’s stock surging by 226 per cent, Huang’s 1.3 million shares have significantly increased in value, tripling his net worth.
Or read this on ReadWrite