Nvidia CEO Huang's Net Worth Grows by $7 Billion Amid AI Boom
Summary by NewsWall May 25 23
- Nvidia co-founder Jensen Huang took the company public in 1999 at a valuation of $626 million.
- Nvidia CEO Jensen Huang is now a lot richer after the company's stock soared as much as 29% following a blockbuster earnings report.
- Huang's direct ownership of 86.9 million Nvidia shares added about $6.8 billion to his net worth during Thursday's massive rally.
- Nvidia increased its second-quarter revenue guidance to $11 billion, which was more than 50% above Wall Street estimates of just $7 billion.
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| Last Updated | May 26 23 |
| Total Articles | 64 |
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