Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.

The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.

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The changes mark the first major test of whether chief executive Brian Niccol can dig the company out of its first annual sales decline since the pandemic hit in 2020. Part of his plan involves persuading Americans to once again view Starbucks as the go-to place to hang out.

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.

Jensen Huang, the visionary CEO and founder of Nvidia, has heaped praise on Huawei’s Mate XT, the world’s first tri-fold smartphone. According to News18, the tech mogul described the ...

The Nvidia GeForce RTX 50 series launched on Thursday, but already the graphics cards are out of stock and backordered for up to several months.

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Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products.

Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the “Godfather of AI.” Nvidia grew into a $3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street.