Nvidia's Jensen Huang Named World's Best CEO
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Harvard Business Review has named NVIDIA CEO Jensen Huang as the best CEO in the world in 2019. The publication had previously ranked Jensen No. 2 last year and No. 3 in 2017. Lisa Su of AMD was also on the list, although in 26th place.
NVIDIA's Jensen Huang Ranks First as Highest-Performing CEO in 2019
The publication recognized Jensen Huang's contribution to increasing the company's stock price 14-fold in the period from 2015 to 2018. Lisa Su of AMD appears on the list of the 100 best performing CEOs, while Jensen of NVIDIA is in first place.
Unlike NVIDIA's Jensen Huang, who has been on the list for a while now (and in the top three, by the way), AMD's Lisa Su appeared on the list for the first time and was immediately ranked 26th. While Jensen managed to multiply the value of an already profitable company by 14, Lisa was able to transform a drowning company in record time. Lisa Su is also one of only 4 women on the Top 100 Chief Executive Officer (CEO) list.
When Jensen Huang co-founded NVIDIA in 1993, he focused on a single niche: creating powerful chips to create high-speed video game graphics. As the company went public in 1999 and grew throughout the 2000s, video games continued to be its growth engine, but even then, Huang, a Taiwanese immigrant who studied electrical engineering in the state of Oregon and Stanford could see a different path forward. Scientists began asking computers to perform much more sophisticated calculations more quickly, so NVIDIA began investing billions of dollars in R&D to create chips that would support artificial intelligence applications.
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By the mid-2010s, its AI-focused chips had come to dominate this fledgling market, popping up inside autonomous vehicles, robots, drones, and dozens of other high-tech tools.
From the end of 2015 to the end of 2018, the company's shares multiplied by 14, ranking Huang, 56, at the top of the list of best-performing CEOs in the world. In this way, NVIDIA is going through one of its best moments since it was founded in 93, thanks to Jensen Huang.
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