Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.
Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products.
This is a Quantum Computing company that I, I don’t know when it’ll ever earnings, but boy, is it ever in the face of what Jensen Huang ... asked Jim Cramer about PepsiCo Inc (NASDAQ:PEP).
Jensen Huang's damaging comments about quantum computing caused major turbulence for the Berkeley-based Rigetti Computing's stock. But that's not the end of the story.
Nvidia (NVDA) CEO Jensen Huang’s net worth plunged $18 billion Monday as the chipmaker’s stock continues to free fall. Huang was worth $106.3 billion as of Monday morning, down nearly 15% ...
Huang, who cofounded Nvidia in 1993, owns roughly 3.4% of the company, according to Bloomberg. Indeed, the tech giant took a bit of a stumble yesterday, losing around $600 billion in market cap as shares plummeted by 17%. The manufacturing chip company is falling from great heights; this past summer, it surpassed a $3 trillion market cap.
Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the “Godfather of AI.” Nvidia grew into a $3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street.
Nvidia Chief Executive Jensen Huang saw his personal fortune tumble on Monday amid turbulence in U.S. tech stocks. His net worth dropped $20.8 billion.
The recent AI advances by Chinese upstart DeepSeek could be the beginning of a potential nightmare scenario that Nvidia Corp. Chief Executive Jensen Huang has been worrying about since the chip maker's meteoric rise.