Today: Nov 08, 2024

Jensen Huang: Why is Nvidia boss the 'Taylor Swift of tech'? – BBC Information

Jensen Huang: Why is Nvidia boss the 'Taylor Swift of tech'? – BBC Information
June 7, 2024



Symbol caption, Mr Huang was once a draw for attendees of Taiwan’s Computex eventArticle informationAuthor, Annabelle LiangRole, Industry reporter7 June 2024, 01:19 BSTUpdated 25 mins agoThese days, anywhere Jensen Huang is going, crowds chant his identify and scramble for selfies and autographs.He isn’t your same old superstar – moderately, the 61-year-old electric enginer is the manager govt of Nvidia, the chip powerhouse whose worth simply surged previous $3tn (£2.3tn), in brief overtaking Apple as the sector’s second-most treasured corporate, ahead of pulling again.“He’s actually being handled like a rock megastar,” says generation analyst Bob O’Donnell. “Jensen sees this chance to construct on Nvidia. He’s clearly playing the instant.”His new-found standing, entire with an embossed $9,000 Tom Ford biker jacket, was once on show this week at Computex in Taiwan – the once a year tech convention attracts the sector’s largest firms to the island. Mr Huang, who was once born in Taiwan however left when he was once simply 5 years previous, posed for numerous photos or even scrawled his identify on a lady’s best on the convention, questioning aloud if this was once a “excellent thought”. It was once, within the phrases of native media, natural “Jensanity”.This comes as US regulators are reportedly making plans to open an investigation into giant tech, together with Nvidia, over its dominance over the AI trade. The passion Mr Huang has stirred has now not been misplaced on his friends – Meta CEO Mark Zuckerberg, responding to a social media follower who didn’t know who Mr Huang was once, described him as “Taylor Swift, however for tech”.What’s riding the ‘Jensanity’?Mr Huang is at the leading edge of a generation growth, and his upward push has coincided with Nvidia’s emergence because the main dressmaker of AI chips.Taiwanese chipmaking massive TSMC is the only real manufacturing spouse for Nvidia’s state of the art AI chips. And Nvidia’s luck has been a spice up for TSMC, whose stocks hit a document prime on Thursday.Top-end chips, together with the ones used for AI, have develop into a supply of geopolitcial rigidity as america and China race to grasp manufacturing. However it is Taiwan that lately sits on the best of that recreation – it makes just about all the global’s maximum complicated chips. All of this has generated a large number of buzz round Mr Huang and the corporate he based many years in the past. His luck may be an issue of delight for Taiwan, a self-ruled island which Beijing claims. As the ones claims have develop into extra competitive, Taiwan’s chip exports have each develop into a lifeline and a device of soppy energy. “In Taiwan, he’s additionally the native boy executed excellent. This is one thing folks can rally round,” Mr O’Donnell stated. Even supposing he lives in Santa Clara in California the place Nvidia is headquartered, Mr Huang incessantly visits Taiwan. He has all the time emphasized that Nvidia would proceed making an investment within the island. Symbol supply, Getty ImagesImage caption, Nvidia CEO Jensen HuangJust this week, he informed journalists that the corporate plans to construct regional headquarters in Taiwan, which is welcome information for the island. It’s been occupied with chip manufacturing transferring out of the country as producers search for selection provide routes that will be secure in case of a Chinese language invasion. And naturally, there may be the luck of Nvidia itself. Stocks have long past up via greater than 200% over the past yr. The company has been catapulted into tech stardom as AI and the chips that energy it develop into as cool as any fancy new system. Mr Huang is aware of this neatly. He has been fronting Nvidia’s chip launches and they’ve been likened to massively-watched Apple occasions. In Taiwan, the place he introduced new merchandise, he spoke for 2 hours in regards to the corporate’s historical past. “Nvidia’s remaining giant convention in San Jose was once in a stadium. It was once jam-packed and large strains of folks couldn’t get in. It was once like a rock live performance,” Mr O’Donnell stated.“This time, he spoke in a sports activities stadium in Taiwan. I joked that he was once on his enviornment excursion.”What will we find out about Jensen Huang?For one, Mr Huang loves his leather-based jackets. He credit his spouse and daughter for making it his signature taste. A spokesperson from Nvidia says he been dressed in one for greater than 20 years now. His newest choose from Tom Ford is from the trend area’s 2023 season – and he has stored it on even throughout visits to humid Singapore.“Leather-based jackets can sign an edge: a willingness to wreck regulations, do issues otherwise and problem the established order,” says type stylist Sera Murphy.“Jensen’s signature taste offers him an off-the-cuff, approachable power,” she provides.Signature types aren’t unusual amongst tech CEOs. Apple co-founder Steve Jobs was once recognized for the outfit he wore always – black St. Croix mock turtleneck sweater, blue Levi’s 501 denims, and New Stability 991 running shoes. Mr Zuckerberg is normally in simple sweaters and t-shirts from luxurious type manufacturers. Symbol supply, Mark ZuckerbergImage caption, Mark Zuckerberg and Jensen Huang swapped jackets in March “Uniform dressing” can lend a hand marketers create a picture of steadiness round their firms, Ms Murphy says. “Other people want consistency from leaders. Dressing in a uniform makes issues predictable in a marketplace this is risky and unpredictable.” His leather-based jacket apart, Mr Huang suits the outline of a tech geek. He was once 9 years previous when his circle of relatives moved to the West Coast in america. He graduated as {an electrical} engineer from Oregon State College, after which with a masters stage in the similar box from Stanford College. He married his faculty sweetheart and lab spouse, Lory Generators, additionally {an electrical} engineer. The couple have two youngsters. He labored at US chip company AMD ahead of co-founding Nvidia in 1993. The corporate was once at the beginning recognized for chips that procedure graphics, specifically for pc video games. Sooner or later it modified focal point to AI, a box it now dominates.Symbol supply, Getty ImagesImage caption, Jensen Huang together with his circle of relatives (L-R) – his daughter Madison, spouse Lori and son SpencerInterest in AI skyrocketed after the 2022 release of ChatGPT. The chatbot was once educated the use of 10,000 of Nvidia’s graphics processing devices (GPUs), clustered in combination in a supercomputer.Nvidia is now the sector’s third-most treasured corporate, after Microsoft and Apple. Mr Huang himself has a web price of round $106bn, in keeping with Forbes, making him the 14th richest individual on the planet. Mr O’Donnell says Mr Huang is more likely to stay showing at occasions, searching for to drum up Nvidia’s logo. “At generation meetings, everybody desires Jensen on level and he’s glad to sign up for. What he has executed makes him seem all over the place. He’s located himself because the figurehead of generative AI,” Mr O’Donnell says.“The problem is the trade does now not like monopolies. Nvidia has an enormous marketplace percentage, however competition like AMD and Intel are beginning to catch up.”

OpenAI
Author: OpenAI

Don't Miss