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Nvidia CEO Ignores Stock Price

Summary

  • Nvidia CEO Jensen Huang sometimes skips checking stock prices daily.
  • Nvidia's market cap surged from $1 trillion to over $5 trillion.
  • The company's impressive growth is the result of 32 years of effort.
Nvidia CEO Ignores Stock Price

Nvidia CEO Jensen Huang shared that he frequently foregoes checking his company's stock price daily, even as Nvidia has become the world's most valuable company. He highlighted that the impressive market capitalization milestones, which saw Nvidia reach over $5 trillion, are the culmination of 32 years of development.

Huang co-founded Nvidia in a Denny's restaurant, and the company has achieved remarkable financial success. It became a $1 trillion company in May 2023, reached $2 trillion in under nine months, and then surged to $3 trillion in just 96 days. Recently, Nvidia reported strong second-quarter financial results exceeding analyst expectations.

Looking ahead, Nvidia provided preliminary fiscal 2028 guidance, forecasting a 70% year-over-year revenue increase. Management indicated that revenue could rise by over 100% in fiscal 2028 if not for current supply constraints.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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