ChatGPT ‘Arms Race’ Adds $4.6 Billion to Nvidia Founder’s Fortune

Jensen Huang’s chipmaker is Wall Street’s top pick for traders looking to profit from the AI chatbot, giving him the greatest wealth gain this year among US billionaires.

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One of the biggest winners from the soaring popularity of the ChatGPT tool is a billionaire Taiwanese immigrant known for his black leather jackets and tattoo resembling the logo of Nvidia Corp., the company he co-founded in 1993.

Jensen Huang has seen his fortune climb by 33% this year to $18.4 billion, a larger percentage gain than any other US billionaire, according to the Bloomberg Billionaires Index. It’s a sharp contrast to last year, when his wealth decline was one of the biggest among US technology titans, along with Meta Platforms Inc.’s Mark Zuckerberg.