Jensen Huang, the CEO of Nvidia, has recently become the 24th richest man in the world. The company has surpassed Google in market cap, with its stock soaring 409% since last year. After its year-end earnings call, Nvidia’s value rose $250 billion in a single day, making it the largest such daily increase. The company reported $22.1 billion in revenue in the fourth quarter of 2023, exceeding analyst expectations by $1.7 billion. Goldman Sachs has referred to Nvidia as “the most important stock on planet earth.”
Huang, a once-in-a-generation tech visionary, was born in Taiwan and moved to the U.S. at a young age. He graduated from Oregon State University and Stanford University, and later co-founded Nvidia in 1993. The company quickly secured $20 million in VC funding and has been a key player in the AI boom that has taken over the global tech industry.
Huang is known for his authenticity and approachability, defining good leaders based on these qualities. He has remained at the helm of Nvidia since its inception and is often seen roaming around the building, working in various conference rooms. He also has a large arm tattoo resembling the company’s logo, which he got on a dare from his staff.
Nvidia’s stock has been on the rise, inching closer to $800. The company’s business has been turbocharged by the AI boom, as it provides critical chips for AI tools. Nvidia’s success is a prime example of the investing adage that to make money in a gold rush, one should sell shovels and pickaxes.
Despite the company’s success, Huang does not expect another tattoo on his shoulder. As he mentioned in a previous interview, getting the company logo on his shoulder made him “cry like a baby.”
