Nvidia has reached historic heights thanks to its dominant position in the food market chip for AI and at performance financial. Consequently, the heritage of its founder, Jensen Huang, reflects this success. Future prospects indicate potential growth continues, with record-breaking goals, even if some remain unknowns linked to competition and market dynamics.
Nvidia record: shares at all-time highs
The Nvidia shares have reached an all-time high, pushing the heritage of the founder Jensen Huang over $100 billion for the first time. Huang, who holds a 3.7% share in society, he briefly entered the circle of 16 billionaires with assets exceeding 100 billion dollars, and then stabilized at 99.8 billion dollars.
This achievement was possible thanks to Nvidia stock growthwhich exceeded $1,100 per share, closing at $1,141, with an increase of 7%. This rally added 190 billion dollars in capitalization of Nvidia's market, bringing it to 2,800 billion dollars. The company is now within striking distance of Apple and Microsoft, with capitalizations of $2,908 billion and $3,200 billion respectively.
Nvidia's performance was further strengthened by the results of the latest fiscal quarter ended April 30. The company has registered a earnings per share of $6.12 And sales of 26 billion dollars, exceeding analysts' forecasts. These results represent a growth of 628% in profits he was born in 268% in revenues compared to the previous year.
How much is Jensen Huang's assets?
The success of Nvidia it also had a significant impact on the personal wealth of the founder and CEO Jensen Huang. With a net worth that it approached 100 billion dollars, Huang is one of the main beneficiaries of Nvidia's extraordinary growth. Currently, he is ranked among the richest billionaires in the world, although still far from leaders like Bernard Arnault And Jeff Bezos.
Huang, who was born in Taiwan and moved to the United States, founded Nvidia in 1993. Under his leadership, Nvidia became a pioneer in the graphics chips and of GPU, essential for artificial intelligence and data centers. His vision has allowed Nvidia to dominate the AI chip market, with an 80% market share.
What are the future prospects of Nvidia and its competitors
Looking to the future, one wonders how much higher Nvidia can go. Analysts are divided. Some predict that Nvidia will continue to growpowered by growing demand for AI chips. The Bloomberg consensus estimates a 12-month price target of $1,175, a modest increase from current levels.
There are more optimistic forecasts, like that of Beth Kindigtech analyst at I/O Fund, who suggests that by 2030 Nvidia could reach a market valuation of 10 trillion dollars thanks to the growing adoption of its next-generation GPUs and its strong position in the data center market.
The sustainability of this growth will depend on Nvidia's ability to maintain leadership technology and to continue to innovate in the field of AI. In the meantime, competition enters the field, which can help Nvidia try to improve to stay at the top or could decree a less rosy scenario.