Nvidia CEO’s net worth nears $120 billion as shares surge on Saudi chip deal

May 14, 2025

, By The Economic Times

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nvidia-ceo-jensen-huang” target=”_blank”>Nvidia CEO Jensen Huang‘s personal net worth jumped to around $120 billion on Tuesday, up from $80 billion last year, as a boom in demand for the company’s artificial intelligence chips has powered a steep rally in its shares.

Nvidia hit $3 trillion in market value after it agreed to sell hundreds of thousands of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-chips” target=”_blank”>AI chips in Saudi Arabia with many chips to an AI startup launched by its sovereign wealth fund, in a sign demand for its top-line processors is still booming.

The company’s shares closed 5.6% higher at $129.93. The deal came as a part of US…

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Nvidia CEO’s net worth nears $120 billion as shares surge on Saudi chip deal

May 14, 2025

, Published By The Economic Times

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nvidia-ceo-jensen-huang” target=”_blank”>Nvidia CEO Jensen Huang‘s personal net worth jumped to around $120 billion on Tuesday, up from $80 billion last year, as a boom in demand for the company’s artificial intelligence chips has powered a steep rally in its shares.

Nvidia hit $3 trillion in market value after it agreed to sell hundreds of thousands of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-chips” target=”_blank”>AI chips in Saudi Arabia with many chips to an AI startup launched by its sovereign wealth fund, in a sign demand for its top-line processors is still booming.

The company’s shares closed 5.6% higher at $129.93. The deal came as a part of US…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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