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DIVYANSHU MHATRE

Stealth • 5m

Nvidia CEO Jensen Huang's net worth has surged from $3 billion to $90 billion in the past five years, primarily due to the soaring value of Nvidia shares. On Thursday, Nvidia's stock reached a record high, boosting Huang's stake value by $7.7 billion as the stock closed near $1,038 per share. The company reported robust first-quarter earnings, with sales surging over 200% for the third consecutive quarter, driven by high demand for Al processors. Huang owns approximately 86.76 million shares of Nvidia, representing more than 3.5% of the company's total shares. With the stock surging over 9% to nearly $1,038 per share on Thursday, the value of his stake increased by about $7.7 billion.

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🗣Nvidia shares dropped by 7%, losing $200 billion in value despite the company's revenue doubling and a strong earnings report. 📉💔 Shares of Broadcom and Advanced Micro Devices fell by about 2%, while Microsoft and Amazon saw a 1% decline. 📉📉

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STAY UPDATED !! Nvidia shares enter correction territory, erasing $430 billion in 3 days, BIGGEST VALUE LOSS IN HISTORY. Valuation back below $3 trillion threshold. Like and follow for more & What's your pov on this biggest value loss in history?

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