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The new tech giant: The man behind the company that breaks all records

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The company calls itself “the world leader in artificial intelligence computing”

O νεος τεχνολογ&iota κoς γiγαντας: Ο Ανθρωπος πiσω απo τ&eta ;ν εταιρεΙα που σπαει ολα τα ρεκορ /></p>
<p>With its market capitalization increasing by $184 billion in just one day last week, it now stands at $963 billion and flirts with the $1 trillion club. dollars, Nvidia is currently considered the new American technology giant. The self-proclaimed “world leader in artificial intelligence computing” is benefiting from the AI ​​investment fever and gaining a place alongside the biggest names in the tech industry, such as Apple, Microsoft and Amazon.</p>
<p >Her rise has been meteoric. Over the past 10 years, Nvidia stock has rallied more than 10,000%, posting the best performance among all S&P 500 companies over that period. During this rally, more than $940 billion in market capitalization wealth was created.</p>
<p>So just last week, Nvidia co-founder and CEO Jensen Huang saw his personal fortune grow by nearly $7 billion, approaching $35 billion. Born in Taiwan and raised in the US, Huang owns 86.9 million Nvidia shares, or 3.5% of the company. Since the beginning of the year, he has become $21.1 billion richer, making him the 37th richest person in the world today.</p>
<p>Huang is 60 years old this year and in 2010 had the Nvidia logo tattooed on his arm. He was born in Taipei in 1963 and spent part of his childhood in Taiwan and Thailand, until in 1973 his parents sent him and his siblings to live with relatives in the US, as there was social unrest in their country.</p>
<p>In fact, his uncles enrolled him, by mistake, in a reformatory school in the USA. “The kids were very tough. They all had knives and got into fights. It wasn't nice. Children were getting injured,” he said in an interview in 2012. All the students at the school had to work and his duties included cleaning the toilets. “The end of the story is that I enjoyed my time there,” he would later say. In fact, in 2019 he donated 2 million dollars to build classrooms and dormitories in the school building.</p>
<p>Huang studied at Oregon State University, while pursuing a master's degree in electrical engineering at Stanford. In fact, during his studies he met his future wife in a laboratory. “I loved computers growing up, but OSU opened my eyes to the magic behind them,” he has said.</p>
<p>He graduated in 1984, which he says was “the perfect year to graduate. ». That year saw the release of the first Mac computers, ushering in a new era in computing.</p>
<p>Huang worked for semiconductor companies LSI Logic and Advanced Micro Devices and founded Nvidia in 1993 when he left LSI Logic. He was with two friends, Chris Malachowsky and Curtis Priem, at a Denny's restaurant when they “wondered if it would be a good idea to start a graphics company.” “We came up with ideas and imagined what kind of company it would be and how many people we could help. It was fun,” he would later say in a speech at Stanford.</p>
<p>Today, Huang is 60 years old, considerably older than Bill Gates and Jeff Bezos were when they stopped running the companies. which they founded, at 52 and 57 respectively. But he doesn't seem ready to retire now that the artificial intelligence “wave” is putting his company at the forefront of technological developments. “There's nothing more fun for me than building a once-in-a-generation company with all my friends here. I can't imagine wanting to do anything else than that,” he said in 2021.</p>
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<div class=Source: www.kathimerini.com.cy

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