Nvidia stock set for record wipeout on DeepSeek fears — CEO Jensen Huang’s net worth tanks

US chip giant Nvidia suffered a record sweep on Monday after Chinese startup Deepseek upended the tech sector. Deepseek said it built a new AI model in just two months for less than $6 million, a fraction of the training costs of its U.S. rivals. Nvidia shares plunged as much as 18% as the market […]
Nvidia CEO Jensen Huang will skip joining fellow tech moguls for Trump’s inauguration

Nvidia CEO Jensen Huang said Friday he will not attend President-elect Donald Trump's inauguration, choosing not to join several of his tech giants scheduled to arrive in Washington, D.C. . Instead, Huang said he will be “on the road” to celebrate Lunar New Year with employees and their families. Taiwan-born Huang's company has ridden the […]
Nvidia shares jump after CEO Jensen Huang unveils new chips

Nvidia shares rose 1.7% to a new high on Tuesday after CEO Jensen Huang announced the company's next family of gaming chips and hinted that robotics technology is in full swing. In a keynote Monday night at CES in Las Vegas, a major technology trade show showcasing the latest gadgets, Huang announced the latest chips […]
Nvidia CEO Jensen Huang loses $10B as company’s stock plummets

AI chip leader Nvidia's CEO Jensen Huang's net worth fell by about $10 billion on Tuesday after the company's shares plunged nearly 10% amid global selling pressure. The 61-year-old Taiwan-born CEO, who worked as a toilet cleaner and server at Denny's before co-founding Nvidia more than 30 years ago, has seen his net worth fall […]
Nvidia CEO Jensen Huang reluctant to fire employees

Nvidia CEO Jensen Huang has said he is reluctant to fire employees, preferring instead to “work them hard to make them great,” a strategy he claims has made the company one of the world's most valuable companies. Hwang said his employees work seven days a week, sometimes until 2 a.m., but don't work overtime because […]
Scott Jensen, Tim Walz’s 2022 gubernatorial opponent, blasts VP pick as ‘wolf in sheep’s clothing’

The doctor, who ran against Democratic vice presidential nominee Tim Walz in the Minnesota gubernatorial race two years ago, warned voters that Walz, a gray-haired National Guard veteran, was a “wolf in sheep’s clothing” and even offered advice to J.D. Vance. “He comes across as everybody’s favorite uncle and jolly guy, but he can actually […]