Nvidia CEO Jensen Huang: Boss of trillion-dollar chip firm powering the AI boom

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Nvidia CEO Jensen Huang: Boss of trillion-dollar chip firm powering the AI boom
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Jensen Huang, the chief of chipmaker Nvidia Corp, has joined an elite list of tech executives to head a company worth $1 trillion. Even more unusual is that Huang, 60, is only the second U.S. CEO after Amazon.com Inc's Jeff Bezos, who helmed the retailer until 2021, to hit such a milestone for a company t

Jensen Huang, the chief of chipmaker Nvidia Corp, has joined an elite list of tech executives to head a company worth $1 trillion.

The company's pole position in AI is a decade-and-a-half in the making. Huang was born in Taiwan but moved to the United States as a child, earning engineering degrees at Oregon State University and Stanford University. In 1993 he founded Nvidia along with Curtis Priem and Chris Malachowsky, securing backing from Silicon Valley's Sequoia Capital and others.

At the time, the field was almost forgotten in one of the periodic downturns in funding interest that its practitioners refer to as an"AI winter." Researchers lamented they would never have the computing power to bring their ideas to life. That approach - called a"fabless" business model in the chip industry because companies do not own their own fabrication facilities - has helped Nvidia grow to eight times the market value of Intel Corp, which has struggled to compete while both designing and manufacturing its own chips.

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