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Nvidia CEO Jensen Huang Drops Out of Top 10 Richest After $15B Loss

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Nvidia chief executive Jensen Huang lost about $15.1 billion following the United States midterm election results. The decline moved him from ninth to thirteenth place on the Bloomberg Billionaires Index. The Nasdaq suffered a record one-day fall, shedding roughly $2.5 trillion amid worries about funding for future AI infrastructure. Analysts cautioned that forthcoming regulatory scrutiny could slow data centre expansion across the country.

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Nvidia CEO Jensen Huang Drops Out of Top 10 Richest After $15B Loss · ShortSingh