Jensen Huang lost close to 20% of his net worth on Monday after DeepSeek roiled the AI industry
Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.
Jensen Huang Loses $20B In Wealth: How DeepSeek Hit Nvidia Stock And World's Richest People
Nvidia suffers record wipeout on DeepSeek fears — as CEO Jensen Huang’s net worth tanks
Nvidia’s Jensen Huang suffers a $20 billion blow to his net worth following DeepSeek bloodbath—it’s the biggest one-day loss in history
Huang, who cofounded Nvidia in 1993, owns roughly 3.4% of the company, according to Bloomberg. Indeed, the tech giant took a bit of a stumble yesterday, losing around $600 billion in market cap as shares plummeted by 17%. The manufacturing chip company is falling from great heights; this past summer, it surpassed a $3 trillion market cap.
Nvidia's Jensen Huang extends olive branch to Rigetti CEO after damaging quantum comments
Jensen Huang's damaging comments about quantum computing caused major turbulence for the Berkeley-based Rigetti Computing's stock. But that's not the end of the story.
MarketWatch3d
Nvidia's stock selloff means the value of Jensen Huang's stake is down by more than $20 billion
Jensen Huang still owns a hugely valuable stake in Nvidia Corp., but the chief executive's position is worth $20.7 billion less after Monday's sharp selloff. Huang's stake is now worth $101.9 ...
Yahoo Finance3d
Jensen Huang lost 20% of his on-paper wealth on Monday after DeepSeek roiled the AI industry
Nvidia CEO Jensen Huang's net worth fell from $121 billion to around $100 billion on Monday, per the Bloomberg Billionaires Index.Artur Widak/NurPhoto via Getty Images Nvidia CEO Jensen Huang's net worth fell by about $20 billion on Monday. Huang lost ...
LifestyleAsia12h
All you wanted to know about DeepSeek, the AI that has delivered a jolt to Silicon Valley
Chinese AI firm DeepSeek has given Silicon Valley a wake-up call by launching LLMs that are cheaper yet as effective as OpenAI's models.
TweakTown1d
NVIDIA CEO says he can't trust Samsung's HBM products or engineers, won't do business with them
NVIDIA CEO Jensen Huang says he can't trust Samsung's HBM memory, 'we cannot trust and do business with them because senior executives change frequently'.
Nvidia's CEO lays out his vision of what the next 10 years will look like — and his simple advice to young people
Nvidia CEO Jensen Huang has a vision for the future — and some advice for the generations that will navigate it.
The DeepSeek AI freakout
DeepSeek is challenging assumptions about the computing power and spending needed for AI advances. OpenAI, Oracle and SoftBank last week made headlines when they announced a joint venture, Stargate, to invest up to $US500bn in building out AI infrastructure. Microsoft plans to spend $US80 billion on AI data centres this year.
What is China’s DeepSeek - and why is it freaking out Wall Street?
DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.
The Daily Star4d
How China can keep pace in the global AI race
In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling US sanctions.
Forbes3d
DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $50 Billion
Nvidia CEO Jensen Huang speaks at CES 2025. As Nvidia shares tanked 17% and the company lost a record $600 billion-plus in market capitalization, the net worth of its CEO and biggest individual ...