Chipmaker comapny Nvidia CEO Jensen Huang success story
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Modi tweeted after the meeting with Huang, “Wonderful meeting with Nvidia CEO Jenson Huang. We talked at length about the possibilities of India in the world of AI. Huang praised the steps India has taken in this sector and is very excited about India’s talented youth. The company also described India as a global technology superpower in a tweet. The company said Huang’s meeting with PM Modi reflects the growing partnership between us and the global technology superpower.
who is jenson huang
Nvidia was founded by Jenson Huang. Huang was born in 1963 in Taiwan. His childhood was spent in Taiwan and Thailand. In the year 1973, his parents sent him to his relatives in America. After a few days, he also went to America. Nvidia was founded in April 1993. The company initially made video-game graphics chips. When the company’s stock reached $100, Huang had the company’s logo tattooed on his arm. Nvidia is currently the sixth most valuable company in the world and fifth in the US with a market cap of $1.199 trillion. Its market cap is more than Warren Buffet’s Berkshire Hathaway, Mark Zuckerberg’s Meta, Elon Musk’s Tesla.
Huang is at number 27 in the list of the world’s richest people with a net worth of $43.2 billion. This year his net worth has increased by $ 29.4 billion. He has a 3.5 percent stake in Nvidia. There was a huge boom in the shares of the company during the Corona period. Due to the crypto boom, there was a spurt in the use of chips in its mining. But after that the price of the company’s shares had fallen by two-thirds. Now, due to the increasing trend of AI, the company’s shares are rising again. The company’s shares have rallied significantly this year.
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Huang says AI is leading the computer revolution. It’s easy to use, so it’s growing fast. No industry will remain untouched by this. Companies around the world are turning to more powerful computers that can handle generative AI like ChatGPT. It was the brilliance of Nvidia’s chips that helped companies like Microsoft develop features like Bing.
Nvidia started its operations in India in the year 2004. The company has four engineering development centers in India. These centers are in Gurugram, Hyderabad, Pune and Bengaluru. The company has over 3,800 employees in the country. Not only this, more than 320,000 developers in India are part of Nvidia’s developer program. The company’s CUDA parallel programming platform is downloaded about 40,000 times per month. According to the company, there are around 60,000 experienced CUDA developers in India.
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