News Jensen Huang is now worth more than Intel — personal net worth currently valued at $109B vs. Intel's $96B market cap

[Admin]

Nvidia CEO Jensen Huang's net worth hits over $109 billion, making him the 11th richest person in the world.

Jensen Huang is now worth more than Intel — personal net worth currently valued at $109B vs. Intel's $96B market cap : Read more

 

[ezst036]

That is a LOT of video cards his company has sold over the years, considering he personally only receives around a penny per card, perhaps even less. (at least based on current sales numbers)

 

[CelicaGT]

And it could all blow away like a fart in the wind. Nvidia, like Intel, is a one trick pony. They only make one product, if something better and/or cheaper comes along, or the AI bubble bursts all that valuation is gone. Intel is a cautionary tale, not a potential purchase. On that note however, with the brand power Nvidia possesses I'm sure a potent, efficient ARM APU would be VERY well received...

 

[vanadiel007]

It would make sense to diversify, and making CPU's and GPU's could just be providing that option.
But I doubt regulators would approve such a purchase.

Which then leaves the question on how to save Intel. I guess tax payers money is an option.

 

[hotaru251]

And it could all blow away like a fart in the wind. Nvidia, like Intel, is a one trick pony. They only make one product

did you just call Intel a 1 trick pony?

They make cpu, gpu, network interface, FPGA, etc.

if something better and/or cheaper comes along, or the AI bubble bursts all that valuation is gone.

while true it wouldnt be gone fast enough before they pivot to whatever the new hot thing is (and the people at Nvidia are smart enough to do so)

 

[Dustyboy1492]

Why make a dig on Intel? Why not just a story about Huangs wealth? I think I know why.

 

[ManDaddio]

If we all made the same choices Jensen did we'd be in his position. But we didn't. That's our fault. Not his.
Even if people invested money in stocks or companies most people would be well off. But most people are not because they don't make those choices.
Myself included. There is no shame in success.

 

[Devoteicon]

That's a lot of leather.

 

[Elrabin]

And it could all blow away like a fart in the wind. Nvidia, like Intel, is a one trick pony. They only make one product, if something better and/or cheaper comes along, or the AI bubble bursts all that valuation is gone. Intel is a cautionary tale, not a potential purchase. On that note however, with the brand power Nvidia possesses I'm sure a potent, efficient ARM APU would be VERY well received...

Even without the painfully obvious fanboyism of your user icon, you're so wrong it's laughable.

Tell me you know absolutely nothing about datacenter and enterprise IT without telling me you know absolutely nothing.

Their purchase of Mellanox made them a leading player in both Enterprise/Datacenter Networking and switching as their ownership of Infiniband is critical in HPC and supercompute in general.


They're as much a software pipeline company as a GPU company these days with their prepackaged containers, management products and APIs for various industries including, but not limited to automotive, aerospace, simulation, visualization, rendering, civil engineering, AI and gaming.

EDIT: Also, in regards to ARM......Nvidia has been making ARM APUs for a hell of a long time.

Nvidia Shield handheld, then Tablet, then console.

They also make an automotive version with workstation class GPUs and a few variants for datacenter called Grace Hopper and soon Grace Blackwell with 700+ watt GPUs per APU

 

[jeremyj_83]

And it could all blow away like a fart in the wind. Nvidia, like Intel, is a one trick pony. They only make one product, if something better and/or cheaper comes along, or the AI bubble bursts all that valuation is gone. Intel is a cautionary tale, not a potential purchase. On that note however, with the brand power Nvidia possesses I'm sure a potent, efficient ARM APU would be VERY well received...

NVidia also has a networking business. They bought Mellanox in like 2020.

 

[Notton]

Nvidia also makes ARM chips used in Shield and Switch.

 

[sitehostplus]

Why make a dig on Intel? Why not just a story about Huangs wealth? I think I know why.

Maybe they are secretly hoping for Jensen Huang to swoop in and save Intel?

 

[Stomx]

Duopoly NVDA+AMD allows to sell server graphics whopping 50x TSMC production cost.
Duopoly AMD+INTC allows to sell server processors at 50x TSMC production cost.

 

[Co BIY]

That is a LOT of video cards his company has sold over the years, considering he personally only receives around a penny per card, perhaps even less. (at least based on current sales numbers)

Back of napkin calculation - (SWAG)

NVIDIA sold ~ 34 million cards last year (assume they did the same every year of business) x 29 years in business = 986,000,000 cards. Round to a Billion cards.

$109 a card not pennies.

Many of those cards sold for much more than a desktop card. And his wealth includes assumed future value so not strictly based on past sales. Looks like he can afford as much leather as he wants.

With more rigor a more accurate per card value could be calculated.

 

[ezst036]

Back of napkin calculation - (SWAG)

NVIDIA sold ~ 34 million cards last year (assume they did the same every year of business) x 29 years in business = 986,000,000 cards. Round to a Billion cards.

$109 a card not pennies.

Many of those cards sold for much more than a desktop card. And his wealth includes assumed future value so not strictly based on past sales. Looks like he can afford as much leather as he wants.

With more rigor a more accurate per card value could be calculated.

Yeah. I see the mistake I made in my overly short comment. I didn't separate trackable/reported CEO pay from AI-boom stock bloat.

But that's alright. You didn't either. Back of napkin calculations (SWAG) for Huang's individual pay as well is very easy to do. Mainly, check out the annual since it's a nice compartmentalization.

https://www.wsj.com/business/nvidias-jensen-huang-gets-60-pay-bump-8f1e60d5

Nvidia’s Jensen Huang Gets 60% Pay Bump

Huang’s compensation totaled $34.2 million in the fiscal year ended in January, up from $21.4 million

34 million cards in 1 year and 34 million dollars in 1 year is in fact one penny per card. That's what any individual Geforcer consumer is being gouged for, a penny. To clear up my original error, Jensen Huang is two things, as this makes clear:

https://www.cnbc.com/2024/05/24/nvi...et-worth-swells-by-87-billion-in-5-years.html

He is a CEO. He is, also, separately, an investor.

Most of his wealth does not come solely/directly from CEO pay. So whatever 80% or 50% of his wealth(109B) doesn't come from any consumer at all in relation to graphics card sales be it Newegg nor Best Buy. CNBC states plainly: 86.76 million Nvidia shares is worth more than 90 billion dollars.

Huang likely has other stock he has purchased which takes up the notable remaining.

Thank you.

 

[mac_angel]

Think of that when you see the price increases of the GPUs.
And remember that when he first started, he swore to keep GPU prices affordable for all.

 

[TJ Hooker]

34 million cards in 1 year and 34 million dollars in 1 year is in fact one penny per card.

That's a dollar per card, not a penny...

 

[domih]

The more you buy, the more he saves 🤣

 

[ezst036]

That's a dollar per card, not a penny...

Thanks.

The challenge is that when 4090 cards routinely go for over $1000 and can easily be over $2000, 1 is such an un-memorable number. Even for a rtx 4060 at $300, 1 doesn't stick. It's not like it's one hundred which would be an outrage.