If Curtis Priem, Nvidia’s first CTO, had held onto all his stock, he’d be the 16th richest person in America. Instead, he sold out years ago and gave most of his fortune to his alma mater Rensselaer Polytechnic Institute.
Chip designer Arm Holdings held its initial public offer (IPO) on September 13, banking US$54.5 billion (AU$84.8 billion), making it the year’s biggest IPO to date.
Led by the “godfather of AI,” Nvidia is expected to report a quadrupling of EBITDA this quarter.
Nvidia held its GTC 2023 event for developers this past week, with a range of announcements in quantum computing, the metaverse, large language models, robotics, automotive and more.