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Nvidia CEO’s fortune jumps to new milestone

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Chip Manufacturers,Dell,Jen-Hsun “Jensen” Huang

Huang’s wealth has surged more than $62 billion (R1.17 trillion) this year as demand for Nvidia chips used to power artificial intelligence tasks remains insatiable.

Nvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches $3 trillion.

Huang, 61, is leading a new wave of tech billionaires as AI-fueled “Jensanity,” as one analyst termed it, takes over Silicon Valley. Huang’s wealth is derived from his 3.5% stake in Santa Clara, California-based Nvidia, which he co-founded in 1993 with Chris Malachowsky and Curtis Priem. Investors have increasingly seen Dell, along with Super Micro, as Nvidia’s chosen partner for this business line.

 

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