Nvidia’s CEO Jensen Huang delivers his keystone speech forward of Computex 2024 in Taipei on June 2, 2024.
Sam Yeh | AFP | Getty Photographs
Nvidia CEO Jensen Huang has made tens of billions of {dollars} in recent times from his stake within the chipmaker, however he is getting his first wage enhance in a decade.
Huang’s base wage rose to $1.5 million, a 49% enhance from 2024, in accordance with a proxy submitting with the SEC on Thursday. His variable money additionally went up by $1 million, or 50%, from the 2024 fiscal yr. Inventory awards grew to $38.8 million, bringing complete pay to $49.9 million.
The compensation committee “believed this was applicable in consideration of inner pay fairness with the bottom salaries” of different prime executives, the submitting stated, and “it represented Mr. Huang’s first base wage enhance in 10 years.”
Nvidia is within the midst of a growth that is turned it into one of the priceless corporations on the planet, due to its graphics processing items (GPUs) that energy essentially the most highly effective synthetic intelligence fashions and workloads. Income within the 2025 fiscal yr jumped 114% to $130.5 billion, the corporate reported in February.
The corporate’s inventory worth elevated greater than ninefold between the tip of 2022 and the tip of final yr. Huang’s roughly 3.5% stake is at present price about $94 billion.
Huang’s 2025 pay additionally included $3.5 million in residential safety and session charges and driver providers, the corporate stated within the submitting. Within the earlier yr, residential safety and session charges for Huang totaled $2.2 million.
Google in a current submitting stated it paid $8.27 million for CEO Sundar Pichai’s private safety and journey, representing a 22% enhance from the yr prior.
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