Nvidia CEO Jensen Huang: Boss of trillion-dollar chip firm powering the AI boom

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Jensen Huang, the chief of chipmaker Nvidia Corp, has joined an elite list of tech executives to head a company worth $1 trillion. Even more unusual is that Huang, 60, is only the second U.S. CEO after Amazon.com Inc's Jeff Bezos, who helmed the retailer until 2021, to hit such a milestone for a company t

Jensen Huang, the chief of chipmaker Nvidia Corp, has joined an elite list of tech executives to head a company worth $1 trillion.

The company's pole position in AI is a decade-and-a-half in the making. Huang was born in Taiwan but moved to the United States as a child, earning engineering degrees at Oregon State University and Stanford University. In 1993 he founded Nvidia along with Curtis Priem and Chris Malachowsky, securing backing from Silicon Valley's Sequoia Capital and others.

At the time, the field was almost forgotten in one of the periodic downturns in funding interest that its practitioners refer to as an"AI winter." Researchers lamented they would never have the computing power to bring their ideas to life. That approach - called a"fabless" business model in the chip industry because companies do not own their own fabrication facilities - has helped Nvidia grow to eight times the market value of Intel Corp, which has struggled to compete while both designing and manufacturing its own chips.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia CEO says businesses, individuals with no AI expertise will be blotted outJensen Huang, the co-founder, and CEO of Nvidia Corp, emphasized the importance of companies and individuals to familiarize themselves with the emerging wave of
Source: IndependentSG - 🏆 9. / 63 Read more »

AI means everyone can now be a programmer, Nvidia chief saysTAIPEI : Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp CEO Jensen Huang said on Monday, hailing the end of the 'digital divide'.Nvidia has surged to become the world's most valuable listed semiconductor company as a maj
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

1990s TV host Huang Yuling now counselling prisoners: 'Hosting is no longer on my mind'Being in showbiz may be a dream for some, but this former host has no intention of making a return. Huang Yuling was a popular face here in the 1990s, hosting matchmaking reality show The Perfect Match alongside Zhu Yongqin, but it has been 23 years since she left the entertainment industry. While she is moved that viewers remember her...
Source: asiaonecom - 🏆 10. / 59 Read more »

Nvidia to build Israeli supercomputer as AI demand soarsJERUSALEM : Nvidia Corp said on Monday it was building Israel's most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications.Nvidia, the world's most valuable listed chip company, said the cloud-based system would cost hundreds of millions of dollars and be
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nvidia to build Israeli supercomputer as AI demand soarsJERUSALEM — Nvidia Corp said on Monday (May 29) it was building Israel's most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications. Nvidia, the world's most valuable listed chip company, said the cloud-based system would cost hundreds of millions of dollars and be partly operational by the end of 2023. Gilad Shainer, a senior vice...
Source: asiaonecom - 🏆 10. / 59 Read more »