The AI boom continues to line Nvidia’s pockets.
Nvidia is now the third most valuable company in the US behind leader Apple and second-place Microsoft.
It’s also the fourth most valuable globally, sitting behind Saudi Aramco.
It’s all good news for Huang, of course.
Nvidia’s success has boosted its CEO’s wealth by $9.6 billion to $69.2 billion.
Nvidia owes its success to the AI revolution.
The company’s Data Center business grew 409% YoY in Q4, generating $18.4 billion in revenue.
Nvidia now controls around 80% of the high-end AI hardware market.
Charles Liang, CEO of Super Micro Computer Inc., saw the biggest increase, jumping 33%.
