[News] NVIDIA’s CEO Jensen Huang’s Worth Now Exceeds Intel’s, Fueling Calls for Him to Buy It

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NVIDIA CEO Jensen Huang’s current personal worth has exceeded the entirety of Intel. According to reports from TechNews, Tom’s Hardware, Huang’s current net worth has reached USD 109.2 billion, more than Intel’s total market cap of around USD 96 billion.

In early August, Intel has faced its most serious financial troubles in 50 years, with its stock prices plummeting 22%. In order to attract foundry customers, the company will transform its foundry business into a wholly-owned subsidiary with its own board of directors.

According to Tom’s Hardware, social media users have been sharing posts encouraging Jensen Huang to buy Intel. Currently, Huang holds more than 75 million NVIDIA share, with 786 million more through various trusts and a partnership. Even though he has cashed in more than USD 700 million by selling 6 million shares this year, it is merely a tiny fraction compared with the total value of his NVIDIA holdings of over USD 100 billion.

According to Forbes’ real-time billionaires list, Huang’s net worth currently ranks 11th in the world, just USD 20 billion away from breaking into the top ten. With growth driven by the AI boom, NVIDIA has become one of the largest tech companies by market capital in the world, alongside Microsoft, Apple, Amazon, and Google.

According to TrendForce, NVIDIA continues to remain the dominant supplier in the global AI server market in 2024. Specifically, in the GPU AI server market, NVIDIA commands an overwhelming lead with a nearly 90% market share, while AMD follows at a distant 8%.

(Photo credit: NVIDIA)