The article discusses the significant increase in Jensen Huang’s net worth, the CEO and co-founder of Nvidia, following a record day for the company’s stock price. Nvidia’s shares surged by 24% on Thursday, May 25th, 2023, adding an astonishing $30 billion to the company’s market capitalization. This remarkable surge was driven by Nvidia’s impressive first-quarter results and optimistic outlook for the future, fueled by the growing demand for artificial intelligence (AI) chips. As a result of this stock price surge, Jensen Huang’s personal fortune skyrocketed by an estimated $6.7 billion in a single day, propelling him to become the world’s 33rd richest person with a net worth of around $48 billion. The article highlights the pivotal role of AI in driving Nvidia’s success and the company’s strategic positioning in the rapidly evolving AI landscape.
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