CEOWORLD magazine

5th Avenue, New York, NY 10001, United States
Phone: +1 3479835101
Email: info@ceoworld.biz
CEOWORLD magazine - Latest - Banking and Finance - Explosive Wealth Growth in AI Stocks

Banking and Finance

Explosive Wealth Growth in AI Stocks

In the wake of a remarkable surge in artificial intelligence (AI) stocks, Jensen Huang, the co-founder of Nvidia, has seen his wealth skyrocket. Lisa Su, the CEO of Advanced Micro Devices (AMD), has also experienced a remarkable doubling of her wealth, now standing at an impressive $1.2 billion within a span of just one year.

The AI stock rally has not only propelled Su into the billionaire club but has also ushered in a wave of newfound wealth for others in the tech industry. Charles Liang, the co-founder of Super Micro Computer, has seen his fortune triple to a staggering $6.2 billion this year. Similarly, the net worth of Alex Karp, the co-founder of Palantir Technologies, has surged to $2.8 billion following a remarkable 31% spike in his company’s stock price in response to robust quarterly results.

It’s not just the founders and leaders of AI-focused companies who are reaping the benefits of this rally. Numerous billionaires, like Masayoshi Son of SoftBank, have indirectly profited from the upward surge in AI stocks, further highlighting the widespread impact of this trend across the tech and investment landscape.

 

Have you read?
Report: Vanuatu Citizenship by Investment Programme, 2023.
Report: CEO approval rating index, 2023.
PR for CEOs is Critical for Brand Success: Top PR Firms for CEOs.
Report: Top CEOs With The Highest Average Yearly Bonus, 2023.
Report: Top 20 worst countries for internet freedom, 2023.
Ranked: World’s Most Globalized Cities, 2023.


Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
CEOWORLD magazine - Latest - Banking and Finance - Explosive Wealth Growth in AI Stocks
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz