Support NeoGAF

[winjer]

Jensen Huang's net worth passes Intel's market cap

Nvidia has been at the forefront of the AI revolution since early 2023, and its shareholders have been rewarded accordingly. The company's stock more than tripled in...

www.techspot.com

Nvidia's share value is once again on the rise, boosting CEO Jensen Huang's net worth. According to the latest data from the Forbes 400 list, which ranks the richest people in America, Huang's fortune now sits at $104 billion. That's more than the total worth of fellow chipmaker Intel, whose market cap is currently $96.43 billion.

Forbes has Huang as the 11th richest person in the US. Unsurprisingly, almost everyone in the top 10 has earned their wealth in the technology sector.

Tesla and SpaceX boss Elon Musk remains the richest person in America with a net worth of $244 billion, and his lead is substantial. Amazon founder Jeff Bezos is worth around $197 billion – or about $47 billion less than Musk. Facebook founder Mark Zuckerberg ranks third with a net worth of $181 billion.
Microsoft co-founder Bill Gates, who previously held the top spot for several years, now sits in ninth place with a fortune of $107 billion. This past summer, longtime company man Steve Ballmer passed Gates in terms of net worth. Considering Gates has pledged to give away most of his fortune, his fall down the list isn't surprising.

This guy could buy a small country if he wanted to.

 

[Gaiff]

Oh wait...this isn't how this works, is it?

 

[Magic Carpet]

Free 5090's for everyone! Form a line. Someone will be around to serve drinks and sandwiches eventually. But if you need to pee you risk losing your place in line.

 

[Hrk69]

 

[PropellerEar]

DF Alex Bugagga gained some weight celebrating this news?

 

[GHG]

Leonidas in tatters.

 

[Cre8]

Crazy Rich Asians

 

[DeepEnigma]

 

[Black_Stride]

Leonidas in tatters.

Dont even tell him what AMDs market cap is.

 

[winjer]

Leonidas in tatters.

The funny thing is that a little over a decade ago, Intel pushed Nvidia out of the chipset market.
Jensen was quite angry about that, but now he has his revenge.

 

[Prekk]

Maybe.. just maybe this unhinged extreme capitalism goes a bit too far.

 

[chokotoureiki]

Crazy Rich Asians

Soon we will take over the world, it's only a matter of time. *rubs hands together *

 

[Kamina]

Maybe.. just maybe this unhinged extreme capitalism goes a bit too far.

Hundred thousand times a million.
Or a million times (or more) of what a lot of people work a year for.

 

[Pop]

What a waste of money

 

[{insert code here}]

Maybe.. just maybe this unhinged extreme capitalism goes a bit too far.

It does in some sectors yes, for sure (food, medicine, healthcare), but not here imo. Nvidia makes S-tier products that everybody wants/needs and they repurpose some of their profits into public research (AI, simulation, etc.) and all their employees have benefited to a high degree from Nvidias success (stock options). Man earned his FU money imo.

 

[LordOfChaos]

I'm old enough to remember when a younger Jen-Hsun at a much much smaller Nvidia than Intel said he'd open a can of whoop-ass on Intel. I've learned not to doubt the guy, one of the best tech CEOs for sure.

CE-Oh no he didn't! Part LV: NVIDIA boss says "We're going to open a can of whoop-ass" on Intel

Looks like Intel's plans to enter the graphics space in a big way with its Nehalem and Larrabee lines strike NVIDIA CEO Jen Hsun-Huang as being rather foolish -- in a conference call with analysts today, Huang said Intel's integrated graphics offerings were "a joke," and that even a tenfold...

www.engadget.com

Be funny if Nvidia was the one to buy out Intel after they were blocked from buying ARM, so that they can secure the future of American fabs, and also have x86 APUs with Nvidia graphics

 

[cinnamonandgravy]

Hundred thousand times a million.
Or a million times (or more) of what a lot of people work a year for.

i glue popsicle sticks together for a living.
pay me roughly the same as a world-leading tech CEO in a highly disruptive emerging market, please.

 

[winjer]

I'm old enough to remember when a younger Jen-Hsun at a much much smaller Nvidia than Intel said he'd open a can of whoop-ass on Intel. I've learned not to doubt the guy, one of the best tech CEOs for sure.

CE-Oh no he didn't! Part LV: NVIDIA boss says "We're going to open a can of whoop-ass" on Intel

Looks like Intel's plans to enter the graphics space in a big way with its Nehalem and Larrabee lines strike NVIDIA CEO Jen Hsun-Huang as being rather foolish -- in a conference call with analysts today, Huang said Intel's integrated graphics offerings were "a joke," and that even a tenfold...

www.engadget.com

Be funny if Nvidia was the one to buy out Intel after they were blocked from buying ARM, so that they can secure the future of American fabs, and also have x86 APUs with Nvidia graphics

It's just a Nasdaq article, about the possibility....
Though unlikely, it's a good read.

https://www.nasdaq.com/articles/nvidia-can-outbid-qualcomm-acquire-intel-50-premium

 

[Buggy Loop]

Unbelievable what this fucker achieved

5090 $2500 coming up. Intel is small fries for personal fortune, he's probably aiming higher.

 

[ahtlas7]

I wonder how Nvidia prioritizes graphics cards now.

 

[Gamerfan81]

I was checking that list and I saw Gabe Newell at 9.5B. Good for him.

 

[dave_d]

I was checking that list and I saw Gabe Newell at 9.5B. Good for him.

Literally nobody knows what Gabe is worth because Steam is a private company and we have no idea how much Steam stock would be worth if it ever went on the stock market. (IE that number is a huge guess.)

 

[BennyBlanco]

That is an obscene amount of money, but you have to hand it to him. The guy is good at his job.

 

[SHA]

Now he thinks intel in his mind without running a laboratory.

 

[Unknown Soldier]

I have Nvidia stock and I'm going to buy a 5090, I'm doing everything I can over here already

 

[Unknown Soldier]

The funny thing is that a little over a decade ago, Intel pushed Nvidia out of the chipset market.
Jensen was quite angry about that, but now he has his revenge.

Qualcomm pushed them out of making phone chips too. I'm still waiting for Jensen to take them down

 

[willothedog]

He could buy 85% of Sony

 

[Celcius]

Could he actually afford to give every PC gamer in America a free 5090?

 

[Ridicululzz]

Damn cashapp me a lil summin

 

[xVodevil]

Did he buy more to save more?

 

[ap_puff]

Could he actually afford to give every PC gamer in America a free 5090?

no, not even at MSRP

 

[llien]

Note that NV's"cloud business" (overpriced oversized AI chips) is about 10 times bigger than NV's fairly lucrative GPU business.

There is no guarantee it will last forever. Apple opted for Google's AI hardware, AMD already rolled out chips that can crunch bigger models. All major libs used by AI devs (e.g. pyTorch) are natively supported by competitors. At this point NV sits at around 70% of the market and allegedly strong-arms consumers not to lose more of it.

 

[Futaleufu]

Last nvidia card I bought was in 2004

 

[Gaiff]

Note that NV's"cloud business" (overpriced oversized AI chips) is about 10 times bigger than NV's fairly lucrative GPU business.

There is no guarantee it will last forever. Apple opted for Google's AI hardware, AMD already rolled out chips that can crunch bigger models. All major libs used by AI devs (e.g. pyTorch) are natively supported by competitors. At this point NV sits at around 70% of the market and allegedly strong-arms consumers not to lose more of it.

 

[Hawking Radiation]

He could buy 85% of Sony

A PlayStation console powered by Nvidia tech

Feck, one can dream