TechFlow news — Five years ago, NVIDIA CEO Jensen Huang held approximately $3 billion worth of NVIDIA shares. As of May 24, his stake exceeds $90 billion.
NVIDIA's stock has doubled this year, tripled in 2023, and risen nearly 28-fold over the past five years. Huang increased his holdings in 2022 when the stock price was relatively low.
OpenAI conducts most of its artificial intelligence development on NVIDIA GPUs. Other companies such as Microsoft, Google, and Meta are also ramping up investments in artificial intelligence.
Earlier on May 23, it was reported that NVIDIA's Q1 net profit reached $14.88 billion, a 628% year-on-year increase.
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