Jensen Huang’s Net Worth Drops as Nvidia Stock Nears Bear Market

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โดย Yahoo Finance·Read original
Summary · why it matters

Nvidia stock has fallen nearly 20% from its year-to-date high, approaching bear market territory and erasing billions from CEO Jensen Huang’s fortune. Huang’s net worth has tumbled from nearly $200 billion earlier this year to $160 billion, though he remains the world’s ninth-richest person with a 3% stake in the company. Nvidia shares have dropped from a record $236 to $196, cutting its valuation from $5.72 trillion to $4.6 trillion. Despite the retreat, analysts remain optimistic, with an average price target of $309 and some estimates as high as $500, citing strong revenue growth and a forward price-to-earnings ratio of 22. The company also has upcoming catalysts, including new CPU launches and H200 chip sales to Chinese firms like Alibaba and Tencent.

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