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Jensen Huang's net assets costs 120 billion US dollars, since Nvidia the AI ​​boom at 3 trillion US

Jensen Huang's net assets costs 120 billion US dollars, since Nvidia the AI ​​boom at 3 trillion US

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Jensen Huang, who was born in Taiwan and has a degree in electrical engineering, co -founder of Nvidia in 1993 and since it was founded the company as president and CEO.

Jensen Huang, Managing Director of Nvidia, has increased his personal assets to almost $ 120 billion, which only increased 80 billion US dollars a year ago, which was driven by the explosive demand for artificial intelligence (AI) pips (AI) and a transformative deal with Saudi Arabia. According to Forbes, the net wealth of the 62-year-old co-founder now puts him on the richest individuals, as from the list Reuters.
The dramatic leap in Nvidia's evaluation after the chip maker based in the USA had taken an agreement with several billion dollars to provide hundreds of thousands of his advanced AI processors for Saudi Arabia. The deal, which was signed during the official visit of the former US President Donald Trump in the Golf, was an important milestone for the company and strengthened its global strategic footprint. A considerable part of the chips is directed to a startup, which is supported by the sovereign asset fund of the kingdom and reflects Saudi Arabia's growing ambitions in the development of AI and high-tech.

The company's shares rose by 5.6 percent after the announcement, closed at 129.93 USD and helped the Nvidia total market capitalization brand the 3 trillion US dollar -a level that was only reached by a handful of companies worldwide.

Jensen Huang, who was born in Taiwan and has a degree in electrical engineering, co -founder of Nvidia in 1993 and since it was founded the company as president and CEO. His leadership played a crucial role in the steering of Nvidia from a niche graphics card manufacturer to a global power package in AI and semiconductor innovation. Huang took over the Nvidia public in 1999 and, according to a company, maintains almost 3 percent of the company Forbes.

Under his stewardship, NVIDIA's graphics processing units (GPUS) not only dominate the game industry, but also the rapidly growing AI market, since companies worldwide races to introduce machine learning, data analyzes and automation tools that are operated by high-performance chips.

With this increase in evaluation and influence, the importance of Nvidia reflects a broader geopolitical shift in which strategic technology partnerships – such as those with Saudi Arabia – converge global AI skills and capital flows. While the nations are investing in the AI ​​infrastructure, chip manufacturers such as Nvidia are increasingly regarded as licks of future economic and technological leadership.

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