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Why the CEO of the World’s Most Valuable Company Says He’s Not Ambitious — Here’s Why

Nvidia’s CEO, Jensen Huang, recently shared a personal philosophy that surprises many: he doesn’t wear a watch, and it’s

Why the CEO of the World’s Most Valuable Company Says He’s Not Ambitious — Here’s Why

Nvidia’s CEO, Jensen Huang, recently shared a personal philosophy that surprises many: he doesn’t wear a watch, and it’s due to his unique perspective on ambition.

“Very few people know this, but I don’t wear a watch. The reason is simple: now is the most important time. You might be surprised, but I’m not ambitious in the conventional sense. I don’t strive to achieve more; I strive to do better with what I’m currently doing. I’m not chasing after things; I let the world come to me,” Huang explained in an interview.

Recently, Nvidia achieved a major milestone by surpassing Apple to become the world’s most valuable company, following a record-breaking surge in its stock value driven by intense demand for its new AI chips. Nvidia’s market capitalization briefly reached $3.53 trillion, slightly ahead of Apple’s $3.52 trillion, based on data from LSEG.

Earlier in June, Nvidia also briefly held the title of the world’s most valuable company before Microsoft and Apple regained the top spots. For months, these tech giants have closely competed, with Microsoft currently holding a market cap of $3.20 trillion.

Nvidia’s stock has surged by about 18% in October alone, fueled by growing demand for AI chips after OpenAI, the company behind ChatGPT, announced a $6.6 billion funding round. Nvidia supplies the chips crucial for training advanced models like OpenAI’s GPT-4.

“An increasing number of businesses are incorporating artificial intelligence into their daily operations, sustaining high demand for Nvidia chips,” said Russ Mould, investment director at AJ Bell. “As long as the U.S. economy remains steady, companies are likely to continue significant investments in AI, creating strong support for Nvidia.”

The next big moment for Nvidia will be its third-quarter results in November. 

In August, Nvidia estimated third-quarter revenue at $32.5 billion, coming within 2% of the analysts’ projection of $32.90 billion, according to LSEG data.

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