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The Latest Breaking News from Jensen Huang

Monday briefing: What Nvidia’s stock market plunge means for the AI industry

In today’s newsletter: Nividia was riding the artificial intelligence wave until its valuation fell by $279bn in one day – but what happens now?

The Guardian - UK

No one has gained more wealth this year than Mark Zuckerberg, who is up $56 billion

With Nvidia stock dropping this week, Zuckerberg overtook his fellow tech CEO Jensen Huang.

Fortune

Nvidia CEO Jensen Huang Drops Out Of $100 Billion Club After Fortune Goes From $105B To $94.9B—What Happened?

Nvidia CEO Jensen Huang saw a staggering $9.9 billion disappear from his net worth as a result of a dramatic plunge in Nvidia's stock price.

International Business Times UK

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Nvidia's Jensen Huang loses $10 billion in a day after historic stock rout—and more pain may be in store

The AI training chip company saw nearly $280 billion wiped off its market cap on Tuesday, and now it's been served a subpoena by the DOJ.

Fortune

The 76th Engineering, Science & Technology Emmys Recipients Announced

NVIDIA founder Jensen Huang will receive Charles F. Jenkins Lifetime Achievement Award; the Philo T. Farnsworth Corporate Achievement Award is being given to Adobe

TV Tech

Top tech bull compares Nvidia to LeBron James in high school with AI boom accelerating

"They came, they delivered," Wedbush's Dan Ives said after Nvidia reported earnings. "And I think for tech, this is going to put fuel in that rally."

Fortune

Nvidia's incredible rise has been powered by 3 crucial but overlooked factors

Understanding how Nvidia became a giant—and where it goes from here.

Fortune

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Nvidia smashed earnings expectations. Thank Colette Kress

“She is extremely well respected both internally at Nvidia and across the tech industry."

Fortune

Nearly half of Nvidia’s revenue comes from just four mystery whales each buying $3 billion-plus

CEO Jensen Huang claims his AI chip business is diversified, but his own company’s filings suggest just a few clients account for every second dollar in revenue.

Fortune

Nvidia says 'every PC with an RTX is an AI PC' as gaming revenue increases 16% year-on-year for the GPU behemoth

Gaming's a small but healthy slice of the Nvidia pie.

PC Gamer

US stocks rise on faster economic growth despite Nvidia nerves – as it happened

Live coverage as US GDP figures show faster economic growth but Nvidia share price falls in after hours trading

The Guardian - UK

Nvidia's Jensen Huang needs AI to change the world

Huang questioned why data centers would build for the past when they can buy Nvidia’s chips to build for the future.

Fortune

AI Chip Giant Nvidia Beats Expectations, But Shares Take Hit

Artificial intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected $30 billion in the last quarter, though that growth was slower than the furious pace seen in previous quarters.

International Business Times

Nvidia’s billionaire boss: ‘I used to clean bathrooms, and now I’m the CEO’

It’s earnings day, but Jensen Huang would like you to remember his past as a Denny's employee as well as his reality as a Silicon Valley tycoon.

Fortune

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Fortune

Live coverage: Nvidia tops Wall Street revenue targets

All eyes are on AI chipmaker Nvidia and CEO Jensen Huang on Wednesday, as the company delivers its highly anticipated Q2 earnings report.

Fortune

Nvidia, the ‘most important stock in the world,’ reports Q2 earnings today: Here's what to watch for

Investors will be keen to see if a reported design flaw in its Blackwell chips presents a risk to the exponential growth of its AI business.

Fortune

Google and Meta employees are apparently getting jealous of their wealthy Nvidia peers

“Bought a $100K family car in all cash and didn’t have to think about it.”

International Business Times UK

'I Used To Clean Bathrooms, Now I'm The CEO': Nvidia's Jensen Huang Shares Why He'd Rather 'Torture Employees To Greatness' Than Fire Them

Nvidia CEO's rigorous leadership style has created a high-pressure work environment, but the company's generous stock options have kept employees motivated.

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news in one place.

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Fortune

Nvidia employees often work seven days a week and until 2 a.m. but golden handcuffs keep them tied to the company

Nvidia stock is up more than 3,000% since 2019.

International Business Times UK

Here's Why Employees At This Tech Company (Not Tesla) Won't Quit—Even When The Workday Ends At 2 Am

Nvidia employees endure grueling work hours, often until 2 AM, driven by the promise of substantial stock rewards that have made many of them millionaires despite the intense work environment.

The Guardian - US

‘Invent the future’: one man’s dream of making upstate New York the next Silicon Valley

Nvidia co-founder Curtis Priem has a vision for a quantum computing future and believes the area along the Hudson valley is fertile for the next tech boom

International Business Times UK

The Centibillionaires Club: 15 People Worth Over $100 Billion And Three More About To Join Their Ranks

Although there are only 15 centibillionaires, their combined wealth is around $2.3 trillion, according to the Bloomberg Billionaires Index.

Tom’s Hardware

Nvidia’s stock surge mints new employee millionaires, but many can’t yet enjoy their wealth

More and more Nvidia employees are becoming millionaires or even multimillionaires, but they're still working long, stressful hours that leave no time to enjoy their riches.

Barchart

Should Nvidia Investors Be Worried About Supply Chain Issues Ahead of Earnings?

Nvidia is set to announce its Q2 2024 earnings, and investors are watching closely to see if the AI chip leader can maintain its edge amid supply chain issues and competition. With its strong financial performance and positive analyst sentiment, Nvidia appears well-positioned for continued growth.

Fortune

Nvidia’s results will be ‘the most important tech earnings in years,’ predicts tech bull Ives

On Wednesday, investors will find out whether bulls like Dan Ives or bears like Elliott Management are right about AI demand when the chipmaker updates the market.

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