Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek.
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.
Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused companies suffered as DeepSeek sent a chill through Silicon Valley.
The great news is this success story may be far from over. Nvidia chief executive officer Jensen Huang, speaking at CES earlier this month, said AI is progressing at an "incredible pace." Considering this, where will Nvidia stock be in one year? Let's find out.
Nvidia CEO Jensen Huang believes data center operators will spend $1 trillion over the next four years on upgrading their infrastructure to meet demand from AI developers. Since the data center segment currently accounts for 88% of Nvidia's total revenue, that spending will be instrumental to the company's future success.
We recently published a list of Jim Cramer’s Bold Predictions About These 12 AI Stocks. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other AI stocks that Jim Cramer has made predictions about.
Therein lies the conundrum with the RTX 50 series though. With a price tag ranging from between $550 to $2,000, this next generation of GPU is likely going to be wildly out of reach for the average gamer, bringing up the question, "Who is this for?"
Walmart customer snags RTX 4070 Super for just $350, over 50% off its original MSRP during a Walmart clearance sale.