Nvidia CEO Jensen Huang's Pay Jumps 60% Amid AI Chip Surge
Huang's compensation soared to $34.2 million as Nvidia's stock skyrocketed, making him the 18th richest person globally.
- Huang's pay increase includes $26.7 million in stock awards and $4 million in cash bonuses.
- Nvidia's stock price has tripled over the past year, driven by high demand for AI chips.
- The company is now the third most valuable globally, with a market cap of $2.28 trillion.
- Median employee compensation at Nvidia rose 17% to $266,939 in fiscal 2024.
- CFO Colette Kress also saw a 22% pay increase, bringing her total compensation to $13.3 million.