Curated by THEOUTPOST
On Mon, 11 Nov, 8:01 AM UTC
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[1]
Nvidia CEO Jensen Huang, who earns $4 billion per day, refuses to wear a watch. Reason will surprise you
Nvidia CEO Jensen Huang shared his unique approach to living in the moment by revealing a personal choice: he doesn't wear a watch. In a widely shared Instagram video, Huang discusses Nvidia's guiding philosophy, which aligns with the company's impressive growth amid the AI revolution. The video caption reads, "Doing more is easy; doing less is hard." It highlights how Huang and Nvidia prioritize present efforts as a foundation for future success. "Most people don't know this, but I don't wear a watch," Huang explains. "The reason is simple: the present moment matters most. It might sound surprising, but I'm not driven by ambition to achieve more. My goal is to excel in what I'm doing now, not to pursue more; I let the world come to me," he states. This approach mirrors Nvidia's outlook, as Huang emphasizes that the company doesn't adhere to a traditional long-term strategy. "People who know me understand that Nvidia operates without a detailed long-term plan. Our definition of a 'long-term plan' is simply, 'What are we working on today?'" he adds. In a 2023 interview, Huang also recounted a powerful encounter with a gardener in Kyoto, Japan, that solidified his mindset of focusing on the present rather than constantly striving for more. This gardener tended to a temple's moss-covered garden with meticulous care, maintaining its lush beauty even during the intense summer heat, using only modest tools. When Huang asked the gardener how he managed this, the gardener replied, "I have plenty of time." Huang shares this as the best career advice he can offer: "Now is the most important time -- just commit yourself to it. I rarely find myself chasing things; I concentrate on the present and truly enjoy my work." Huang has risen to the rank of the 11th wealthiest person in the world, as per Forbes' real-time billionaire list, after his fortune skyrocketed by more than $4 billion in a single day. This wealth boost comes as Nvidia's value has soared, making it the most valuable publicly traded company, largely fueled by significant strides in artificial intelligence. Nvidia has surpassed both Microsoft and Apple, who had been competing for the top spot recently. This rapid growth is attributed to Nvidia's leadership in AI technologies, particularly its chips that power a wide range of applications, from sophisticated data analysis to self-driving cars.
[2]
World's most valuable company's CEO is not ambitious in life; Here's reason
Nvidia CEO Jensen Huang, despite not wearing a watch as a symbol of his non-ambitious nature, leads the company to surpass Apple as the world's most valuable. Fueled by the high demand for AI chips, Nvidia's market value reached $3.53 trillion, driven by investments in AI capabilities and strong third-quarter projections.World's most valuable company's CEO Jenseng Huang recently in an interview admitted that he has not been wearing watch and the reason lies in him not being ambitious. "Very few people know this, but I don't wear a watch. And the reason why I don't wear a watch is: now is the most important time. You'll be surprised; I'm not at all ambitious. I don't aspire to do more. I aspire to do better at what I'm currently doing. I'm not reaching for more; I wait for the world to come to me," Huang who chairs top position at Nvidia said in an interview. Recently, Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG. In June, Nvidia briefly became the world's most valuable company, before it was overtaken by Microsoft and Apple. The tech trio's market capitalizations have been neck-and-neck for several months. Microsoft's market value stood at $3.20 trillion. Nvidia's stock has risen about 18% so far in October, with a string of gains coming after OpenAI, the company behind ChatGPT, announced a funding round of $6.6 billion. Nvidia provides chips used to train so-called foundation models such as OpenAI's GPT-4. "More companies are now embracing artificial intelligence in their everyday tasks and demand remains strong for Nvidia chips," said Russ Mould, investment director at AJ Bell. "It is certainly in a sweet spot and so long as we avoid a big economic downturn in the United States, there is a feeling that companies will continue to invest heavily in AI capabilities, creating a healthy tailwind for Nvidia." The next big test will be when Nvidia reports third-quarter results in November. Nvidia in August forecast third-quarter revenue of $32.5 billion, plus or minus 2%, compared with the current average analyst expectation of $32.90 billion, according to data compiled by LSEG. (with agency inputs)
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Nvidia, led by CEO Jensen Huang, becomes the world's most valuable company, surpassing Apple. Huang's focus on the present and unconventional leadership approach aligns with Nvidia's success in the AI chip market.
Nvidia, the AI chip giant, has dethroned Apple to become the world's most valuable publicly traded company, with its market value briefly touching $3.53 trillion 12. This milestone comes as Nvidia's stock experiences a record-setting rally, driven by an insatiable demand for its new supercomputing AI chips.
At the helm of Nvidia's success is CEO Jensen Huang, whose unconventional approach to leadership and time management has garnered attention. In a widely shared Instagram video, Huang revealed that he doesn't wear a watch, symbolizing his focus on the present moment 1.
"Very few people know this, but I don't wear a watch. And the reason why I don't wear a watch is: now is the most important time," Huang explained 2. This philosophy extends beyond personal habits to shape Nvidia's corporate strategy.
Huang's leadership style is reflected in Nvidia's operational philosophy. The company doesn't adhere to traditional long-term planning, instead focusing intensely on current projects and innovations. Huang elaborated, "People who know me understand that Nvidia operates without a detailed long-term plan. Our definition of a 'long-term plan' is simply, 'What are we working on today?'" 1
This approach has seemingly paid off, as Nvidia's value has soared, largely fueled by significant strides in artificial intelligence technologies. The company's chips power a wide range of applications, from sophisticated data analysis to self-driving cars 1.
Nvidia's stock has risen about 18% in October alone, bolstered by developments in the AI sector, such as OpenAI's recent $6.6 billion funding round 2. The company's strong market position is attributed to the increasing adoption of AI in various industries.
Russ Mould, investment director at AJ Bell, commented, "More companies are now embracing artificial intelligence in their everyday tasks and demand remains strong for Nvidia chips" 2. The next significant test for Nvidia will be its third-quarter results, expected in November, with the company forecasting revenue of $32.5 billion, plus or minus 2% 2.
Huang's focus on the present extends to his career advice. He shares, "Now is the most important time -- just commit yourself to it. I rarely find myself chasing things; I concentrate on the present and truly enjoy my work" 1. This mindset was reinforced by a memorable encounter with a gardener in Kyoto, Japan, who maintained a beautiful moss-covered garden with simple tools and the philosophy of having "plenty of time" 1.
As Nvidia continues to lead in the AI revolution, Huang's unique approach to leadership and time management offers an intriguing perspective on success in the fast-paced tech industry.
Reference
[1]
NVIDIA CEO Jensen Huang's personal net worth has reached $109 billion, surpassing Intel's entire market capitalization of $96 billion, highlighting the dramatic shift in the tech industry driven by the AI revolution.
5 Sources
5 Sources
A profile of Jensen Huang, co-founder and CEO of Nvidia, highlighting his journey, leadership, and impact on the AI industry, including his recent visit to India and the company's growing influence in the global tech landscape.
3 Sources
3 Sources
Nvidia's stock price tumbled, causing CEO Jensen Huang to lose $10 billion in a single day. The drop was triggered by antitrust concerns and potential new regulations in the AI chip market.
7 Sources
7 Sources
Nvidia's stock reaches unprecedented levels due to surging demand for AI chips, positioning the company to potentially overtake Apple as the world's most valuable company.
22 Sources
22 Sources
Nvidia has overtaken Apple to become the world's most valuable company, with a market capitalization of $3.43 trillion. This milestone reflects the growing dominance of artificial intelligence in the tech industry and Nvidia's leadership in GPU production for AI applications.
26 Sources
26 Sources
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