Shares of AI chip giant Nvidia (NASDAQ: NVDA) jumped 3.3%, pushing its market capitalization past the $5 trillion mark for the first time, making it the first technology company globally to reach this milestone. This surge also boosted the personal wealth of founder and CEO Jensen Huang, placing him eighth on the 2025 Forbes Global Billionaires list with a net worth of $161.7 billion, further solidifying his position as a leader in the semiconductor industry.
The surge in stock price is driven by strong performance. Nvidia's stock price increase was not accidental. On October 28, its closing price had already risen 4.98%, with its market capitalization approaching $4.9 trillion. On October 29, the intraday gain further expanded to 3.5%, with the stock price closing at $208. This performance stemmed from the company's strong financial data: fourth-quarter revenue for fiscal year 2025 reached $39.3 billion, a year-on-year increase of 78%; full-year revenue exceeded $130.5 billion, more than doubling year-on-year. The data center business contributed $35.6 billion, becoming the core engine of growth. Market analysts believe that Nvidia's monopolistic position in the AI chip field and the continued strong sales of its Blackwell architecture chips are key factors in its soaring market capitalization.
Huang Renxun's Wealth Leap: With Nvidia's rise, Huang Renxun's wealth ranking has also climbed rapidly. In July 2025, he surpassed Warren Buffett with $144 billion, entering the top ten globally for the first time; just three months later, his wealth increased to $161.7 billion, ranking eighth on the Forbes rich list. Behind this achievement lies Huang Renxun's 32-year technological strategy—from founding Nvidia in 1993, to inventing the GPU in 1999, and then launching the CUDA parallel computing platform in 2006, his forward-thinking decisions laid the hardware foundation for the AI era.
From Technology Pioneer to AI Godfather: Born in Taiwan in 1963, Huang Renxun experienced a rather bumpy early life. At the age of nine, he was sent to a boarding school in the United States, and at fifteen, he worked in a restaurant to help support his family. This experience shaped his resilient character. In 1993, he and two engineers founded Nvidia. Initially, the company faced bankruptcy due to flawed technological strategies, but its decisive shift to Microsoft's Direct3D standard revived it. In 2006, he launched the CUDA architecture against all odds. Although initially met with skepticism, it laid the groundwork for the AI revolution ignited by AlexNet in 2012. Today, Nvidia's GPUs have become the "gold standard" for AI training and inference globally, and Jensen Huang is hailed as the "godfather of AI."
Market Outlook and Challenges
Although Nvidia's market capitalization has surpassed $5 trillion, analysts warn of the risk of slowing growth. In the fourth quarter of fiscal year 2025, the company's gross margin declined by 3 percentage points year-over-year to 73%, while competitors such as AMD and Intel are accelerating their expansion into the AI chip market. Furthermore, geopolitical factors could also impact its global supply chain. However, Huang stated in the earnings call that demand for Blackwell Ultra chips is "strong," and Rubin architecture chips will enter mass production as planned next year, demonstrating confidence in the technology roadmap. From a small graphics chip manufacturer to one of the world's most valuable tech giants, Nvidia's legendary success is inseparable from Jensen Huang's vision and perseverance.
