NVIDIA CEO Jensen Huang’s Wealth Surpasses Intel’s Entire Market Value

NVIDIA CEO Jensen Huang has seen his personal fortune soar to extraordinary heights, now surpassing the total market capitalization of Intel. Huang’s net worth has reached an impressive $109.2 billion, eclipsing Intel’s market cap of approximately $96 billion.

Intel, meanwhile, is navigating one of its most challenging financial periods in five decades. As of early August, the company’s stock had dropped by 22%, prompting significant restructuring. To attract more customers to its foundry services, Intel plans to spin off its foundry business into a wholly-owned subsidiary with its own independent board of directors.

Social media users, according to Tom’s Hardware, have even humorously suggested that Huang could buy Intel. Currently, Huang holds over 75 million shares of NVIDIA, with an additional 786 million shares tied up in various trusts and partnerships. Despite selling 6 million shares this year for more than $700 million, this amount represents only a small fraction of his overall NVIDIA holdings, valued at over $100 billion.

Huang is placed 11th in the world in terms of net worth, trailing the top ten by just $20 billion. His rapid wealth accumulation is largely driven by NVIDIA’s leadership in AI technology, which has propelled the company into the ranks of the world’s largest tech giants, alongside Microsoft, Apple, Amazon, and Google.

TrendForce reports that NVIDIA continues to dominate the global AI server market in 2024, particularly in the GPU AI server segment, where the company holds an overwhelming 90% market share. AMD follows far behind with just 8%.

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