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Nvidia CEO Jensen Huang's Stock Value Surges to Over $90 Billion

30/05 13:14

According to Odaily, Nvidia CEO Jensen Huang's stock value has soared to over $90 billion, marking a significant increase from his $3 billion worth of shares five years ago. This surge in value came as Nvidia's stock price hit a record high on Thursday. Huang reportedly holds about 86.76 million shares of Nvidia, accounting for over 3.5% of the company's circulating shares. On Thursday, as the stock rose by more than 9% to close at nearly $1,038 per share, Huang's stock value increased by about $7.7 billion. Nvidia's stock price doubled in 2023 and has risen by more than double again this year. Over the past five years, Nvidia's stock price has increased approximately 28 times. Huang increased his stake in the company in 2022, when the company's stock price was relatively low before the boom in artificial intelligence. For over a decade, Nvidia has been developing artificial intelligence software and tools, eventually becoming a major supplier for large tech companies. The company currently holds about 80% of the artificial intelligence chip market, and Huang is now one of the top 20 richest people in the world.

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