Jensen Huang Becomes World's 6th Richest As Nvidia Hits Record Share Price

Forbes

Nvidia CEO Jensen Huang moved ahead of LVMH’s Bernard Arnault to become the world’s sixth-richest person as shares of the chipmaker rallied to an all-time high Tuesday, after the company said sales of its H20 AI chips would resume “soon” in China, ending months of restrictions imposed by the Trump administration.  Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2025/07/15/nvidia-shares-hit-all-time-high-as-trump-administration-backs-china-chip-sales/ Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1  Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:  https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript  Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes:  http://forbes.com

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00:00Tuesday, shares of NVIDIA hit an all-time high, propelling CEO Jensen Wong past LVMH's Bernard Arnault to become the world's sixth richest person.

00:11Shares of the chipmaker rallied to an all-time high after the company said sales of its H20 AI chip would resume soon in China, ending months of restrictions imposed by the Trump administration.

00:22This announcement ended months of restrictions imposed by the Trump administration on NVIDIA's chip sales to China.

00:28In April, the company had forecasted a $5.5 billion reduction in sales after the U.S. imposed restrictions.

00:36Wong even claimed that the $50 billion market in China for AI chips was, quote, effectively closed to U.S. industry.

00:44However, on Monday, NVIDIA announced that the U.S. government had assured the chipmaker that it would grant the company licenses to sell its H20 chips in China.

00:53The announcement also noted that earlier this month, Wong met with President Donald Trump and Chinese leadership in Beijing.

01:01On Tuesday, NVIDIA's stock opened to a record $171.19 and reached a new all-time high of $172.26 minutes later.

01:13NVIDIA recently also became the first company in history to be valued at $4 trillion.

01:19Currently, the chipmaker ranks ahead of Microsoft, Apple, and Amazon as the world's most valuable firm.

01:26As shares surged high, $145 billion was added to NVIDIA's market capitalization.

01:32The value of Wong's stake increased by more than $5.3 billion as shares rose.

01:37This ranks him just ahead of LVMH's Bernard Arnault and behind Google's Larry Page.

01:43For more on this story, check out the article at the link in the description.

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