How Artificial Intelligence Is Making Nvidia CEO Jen-Hsun Huang Richer

Jen-Hsun Huang, Nvidia CEO. (Patrick T. Fallon/Bloomberg) You can add Nvidia CEO Jen-Hsun Huang to the list of tech geniuses profiting from the rise of the robots. A 40% surge in Nvidia stock in the past three months has pushed Huang’s net worth up to $2.3 billion, a 35% jump over that time period. Nvidia, whose core business is to make the chips that power cutting-edge graphics for PCs, has found a market for its processors in the booming artificial-intelligence field. For starters, Tesla recently announced its self-driving cars would feature Nvidia accelerators, which use a technology known as parallel computing to process multiple tasks at the same time. (Read the FORBES story on Nvidia’s AI business here.) Nvidia shares slumped about 5% Tuesday, but they are still up 170% from their price a year…


Link to Full Article: How Artificial Intelligence Is Making Nvidia CEO Jen-Hsun Huang Richer

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!