Jensen Huang founded accelerated computing company Nvidia (NASDAQ: NVDA) in 1993, and has served as the CEO and president ever since. Nvidia has achieved many breakthroughs under his leadership, but the invention of the graphics processing unit (GPU) in 1999 was particularly momentous.
Nvidia's recent stock returns have been nothing short of phenomenal. As AI drives the need for more computing power, quarterly revenue increased by over 1,000% since 2020. Much of that came in the last two years as large tech companies spent heavily to build out data centers needed for AI applications.
The Nvidia boss unveiled a new AI platform at CES called Cosmos, which aims to give robots and autonomous cars endless real-world scenarios to study.
Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang are off to a flying start in 2025 as excitement about AI sent their companies' stocks even higher.
CES 2025 not only reaffirmed the importance of artificial intelligence as a driver of change, but also consolidated Nvidia as a benchmark in this technological revolution. With advances in personal computing, video games, automotive and robotics, the company is shaping the future of multiple industries and demonstrating that AI has no limits.
LAS VEGAS — In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured in through stained glass windows.
So, we went to Silicon Valley to meet Nvidia's 61-year-old co-founder and CEO Jensen Huang, who has no doubt AI is about to change everything. At Nvidia's annual developers conference this past ...
The stock had risen to a new all-time high of $149.43 a share on Monday ahead of the chief executive’s address at CES 2025 in Las Vegas.
Huang’s comment had a ripple effect. The quantum computing companies’ stocks have witnessed a sharp decline ever since. For instance, IonQ shares fell over 31.65%, while Rigetti Computing dropped by 37.25%, and D-Wave Quantum saw its stock tumble down by 25.61% after Huang’s statement.
Japanese semiconductor testing equipment maker Advantest Corp. has emerged as a key beneficiary of the artificial intelligence boom, with its stock showing a remarkable 0.93 correlation coefficient with NVIDIA Corp.
The supercomputer will cost about $3,000 when it becomes available in May, Nvidia said, and will be available from the company itself as well as some of its manufacturing partners. Huang said Project Digits is a placeholder name, indicating it may change by the time the computer goes on sale.