Nvidia CEO Huang Renxun held a stake in Nvidia worth about $3 billion five years ago; as the stock price rose on Thursday, hitting a record high, Huang's holdings are now worth more than $90 billion. Nvidia's stock price has doubled this year, tripled in 2023, and has risen about 28 times in the past five years. Huang Renxun increased his holdings in 2022, when the stock price was relatively depressed. OpenAI conducts most of its artificial intelligence development on Nvidia GPUs. Other companies such as Microsoft, Google and Meta are also increasing their investments in the field of artificial intelligence.
