Founder's Vision Vaults Nvidia to $1 Trillion
Posted on AllSides May 30th, 2023
From The Right
Even more unusual is that Huang, 60, is only the second U.S. CEO after Amazon.com Inc.'s Jeff Bezos, who helmed the retailer until 2021, to hit such a milestone for a company they co-founded. Nvidia shares have been on a tear, rising on stellar sales projections from a boom in artificial-intelligence workloads and components. Since the launch of OpenAI's ChatGPT on Nov. 30, 2022, Nvidia's value has ballooned from roughly $420 billion to its current level. The company's pole position in AI is a decade-and-a-half in the making. Huang was...
Some content from this outlet may be limited or behind a paywall.