Kathmandu. Chip maker Nvidia has made history. On Wednesday, it became the world’s first company with a market value of $5 trillion. <\/p>\n
The company has benefited from the boom in the AI space and reached a new milestone. Nvidia shares, which have been moving fast in the race for AI, were trading with strong gains of about 5%. <\/p>\n
The CEO of Nvidia is Jensen Huang. He is one of the top 10 billionaires in the world. However, his story of getting rich is quite interesting. <\/p>\n
The unique feature of history-making Nvidia is that it became the first $5 trillion company just 3 months after crossing the 4 trillion market capitalization. Nvidia’s price has now surpassed the value of the entire cryptocurrency market. <\/p>\n
According to reports, Nvidia’s stock has increased 12 times since the launch of ChatGP in 2022. <\/p>\n
On Tuesday, Santa Clara-based chip company CEO Jensen Huang unveiled a $500 billion AI chip order and announced plans to build seven supercomputers for the US government. According to reports, the Nvidia Blackwell chip may be discussed at a meeting between US President Donald Trump and Chinese President Xi Jinping later this week. <\/p>\n
CEO Huang was once a waiter <\/strong><\/span><\/p>\n Nvidia CEO Jensen Huang is 62 years old and needs no introduction. However, his journey is a testament to hard work and struggle. Which has taken his company to great heights. This can be inferred from the fact that in his early days, Huang worked as a waiter and washed dishes in restaurants. Huang, who is of Taiwanese descent, also worked as a dishwasher, waiter and busboy at Denny’s, Oregon, in the 1980s, according to the LinkedIn profile of the $5 trillion company’s CEO. <\/p>\n 9th richest person in the world today<\/strong><\/span><\/p>\n }<\/p>\n Jensen Huang faced challenges in his early days. He is currently ranked 9th in the list of the world’s top 10 billionaires. <\/p>\n According to the Bloomberg Billionaires Index, Jensen Huang has a net worth of $ 174 billion. Nvidia’s net worth has increased by $ 8.16 billion in the last 24 hours. Huang founded Nvidia in 1993 and has led it ever since.<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. Chip maker Nvidia has made history. On Wednesday, it became the world’s first company with a market value of $5 trillion. The company has benefited from the boom in the AI space and reached a new milestone. Nvidia shares, which have been moving fast in the race for AI, were trading with strong gains […]<\/p>\n","protected":false},"author":16,"featured_media":261078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-274300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/274300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=274300"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/274300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/261078"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=274300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=274300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=274300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}