Caixin
May 18, 2023 04:01 PM
BUSINESS

Nvidia Chip King's Fortune Doubles This Year to $27.3 Billion on AI Boom

00:00
00:00/00:00
Listen to this article 1x
Nvidia CEO Jensen Huang. Photo: Bloomberg
Nvidia CEO Jensen Huang. Photo: Bloomberg

(Bloomberg) — Insatiable demand for artificial intelligence investments has made chipmaker Nvidia Corp. the best-performing stock on the S&P 500 this year. It’s also given the fortune of Chief Executive Officer Jensen Huang a major boost.

Huang’s wealth has grown 98% this year to $27.3 billion, making him the biggest gainer among U.S. and global tech billionaires, according to the Bloomberg Billionaires Index.

loadingImg
You've accessed an article available only to subscribers
Subscribe today for just $.99.
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
GALLERY
Gallery: Huaiyang Cuisine Takes Center Stage at Trump Banquet
PODCAST
China Business Uncovered Podcast: How a Lost Masterpiece Sparked a Museum Scandal
00:00
00:00/00:00
MOST POPULAR
1
Chinese Politburo Member’s Downfall Exposes Shadowy Network Tied to Evergrande, Vanke
2
Hong Kong Grapples With Near-One-Year High in Covid-19 Infections
3
Top Chinese Cancer Doctor Accused of Academic Fraud in ‘Paper Mill’ Scandal
4
Chinese Consumers Tighten Purse Strings Despite Modest Income Gains
5
Analysis: China’s AI Boom Masks a Deepening Economic Divide

OR