Jensen Huang's Wealth Soars In 2024: How Much More He Needs To Surpass Warren Buffett, Enter World's Top 10 Richest
Portfolio Pulse from Chris Katje
NVIDIA Corporation (NASDAQ:NVDA) has seen its stock soar, reaching a market capitalization of over $3 trillion. This surge has significantly increased the wealth of CEO Jensen Huang, who is now the 13th richest person in the world. Strong first-quarter earnings and optimism for AI-related products have driven the stock's 200%+ gain over the last year. Analysts predict further growth, potentially placing Huang among the top 10 richest individuals globally.
June 06, 2024 | 7:45 pm
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NVIDIA's stock has surged over 200% in the last year, driven by strong first-quarter earnings and optimism for AI-related products. The company's market cap has reached over $3 trillion, making it the second most valuable company in the world. Analysts predict further growth, which could continue to boost the stock price.
NVIDIA's strong earnings and the growing demand for AI-related products have significantly boosted its stock price. The company's market cap reaching over $3 trillion and its position as the second most valuable company in the world highlight its strong market performance. Analysts' bullish predictions further support the likelihood of continued stock price growth.
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