US EditionNvidia’s Jensen Huang Becomes $5 Billion Richer As Shares Hit Record High
- On Wednesday, Nvidia's shares hit a record high of $154.31, lifting its market value to $3.77 trillion and making it the world's largest public company.
- This surge followed strong AI infrastructure demand and investor confidence despite a $5.5 billion sales hit from U.S. export restrictions on Nvidia's H20 AI chips to China.
- Loop Capital analyst Ananda Baruah raised Nvidia's price target to $250, citing the company as the forefront of a new 'Golden Wave' of generative AI adoption boosting data center spending.
- Nvidia CEO Jensen Huang noted that every gigawatt of AI infrastructure demand generates $40 to $50 billion in revenue, with the company holding visibility into 'tens of gigawatts' of future projects.
- These developments expanded Huang's net worth by about $5 billion and suggest Nvidia could maintain pricing power and margin growth amid escalating AI demand.
13 Articles
13 Articles
Surge in Nvidia Stock Takes CEO Huang's Wealth to $135 Billion
Nvidia Corp. (NASDAQ: NVDA) stock is at an all-time high. And it has become the most valuable company in the world, with a market value of $3.76 trillion, slightly ahead of Microsoft’s. CEO Jensen Huang, the company’s co-founder, owns 4% of Nvidia and now has a net worth of nearly $135 billion. That figure comes from the Bloomberg Billionaire Index. 24/7 Wall St. Key Points: Nvidia Corp. (NASDAQ: NVDA) stock is at an all-time high and CEO Jens…
Artificial Intelligence (AI) Titan Nvidia Has Scored a $4 Billion "Profit" in an Unexpected Way @themotleyfool #stocks $NVDA $CRWV
For more than two years, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). With AI, software and systems are capable of making split-second decisions, overseeing generative AI solutions, and training large language models (LLMs), all without the need for human oversight. The long-term potential for this game-changing technology is truly jaw-dropping. If the analysts at PwC are correct, a c…
Nvidia’s Earnings Were Strong. These 6 Stocks Will Benefit.
The momentum that artificial intelligence has given to Nvidia Corp’s shares in recent years shows no signs of decreasing and could eventually bring the chip manufacturer’s market value to a record $6 trillion, according to Loop Capital. Such a valuation would represent a gain of more than 65% from the company’s current size, of $3.6 trillion, where it is tied with Microsoft Corp for the title of the world’s largest company.
Nvidia Can Reach $6 Trillion Market Cap on AI Growth, Loop Says
The artificial intelligence tailwinds that have driven the shares of Nvidia Corp. sharply higher the past few years show no signs of abating, and could eventually push the chipmaker’s value to a market-topping $6 trillion, according to Loop Capital.
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