financetom
Business
financetom
/
Business
/
Nvidia CEO Jensen Huang gets rock star treatment from India's tech enthusiasts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nvidia CEO Jensen Huang gets rock star treatment from India's tech enthusiasts
Nov 2, 2024 7:44 PM

By Arsheeya Bajwa

MUMBAI, Oct 24 (Reuters) - Nvidia's ( NVDA ) leather-jacket-clad

CEO Jensen Huang got a rock star welcome at the company's AI

summit in India on Thursday, with passes sold out and tech

enthusiasts spending thousands of rupees to travel to the event.

The reception Huang received in India's commercial capital

Mumbai was reminiscent of the "Jensanity" seen in other parts of

the world, especially Taiwan, as his popularity climbs with

Nvidia's ( NVDA ) soaring earnings and multi-trillion dollar

market valuation.

The event, where the U.S. company unveiled plans to supply

Reliance Industries and other Indian firms with its AI

chips, had to be delayed for more than half an hour due to the

crowd that one Nvidia ( NVDA ) employee said was "easily a few thousand".

"This was Coldplay, but for tech bros. The passes were all

sold out," Yuvraj Mehta, a robotics engineer for an AI startup

that is part of the Nvidia ( NVDA ) incubation program said, referring to

the British rock band.

Two engineers, who declined to be named, said they had spent

more than 40,000 rupees ($476) in total to travel to Mumbai to

attend the summit from Surat in the Western state of Gujarat and

Gurgaon in the northern state of Haryana.

Big Tech CEOs enjoy strong popularity in India, where

engineering degrees from colleges including the prestigious

Indian Institutes of Technology (IIT) are considered a path to

prosperity.

But some attendees said that even among them Huang - who has

built Nvidia ( NVDA ) as the dominant provider of the processors

essential to generative AI - stands out.

"He's a hero". "He's a hero in the academic and student

communities, and the AI ecosystem community," said Akash Bansal,

founder of robotics startup Orangewood Labs.

($1 = 84.0440 Indian rupees)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
J&J recommends shareholders to reject 'mini-tender' offer by TRC Capital Investment
J&J recommends shareholders to reject 'mini-tender' offer by TRC Capital Investment
Apr 4, 2024
April 4 (Reuters) - Johnson & Johnson ( JNJ ) said on Thursday it has recommended its shareholders to reject an unsolicited mini-tender offer by TRC Capital Investment Corporation for about 0.04% of its common stock. The drugmaker said Ontario-based TRC Capital has offered to purchase up to 1 million shares of J&J's stock at a price of $151.23 per...
US FDA issues warning letters to retailers against underage sale of ZYN nicotine pouches
US FDA issues warning letters to retailers against underage sale of ZYN nicotine pouches
Apr 4, 2024
April 4 (Reuters) - The U.S. Food and Drug Administration on Thursday said it had issued warning letters and filed civil money penalty complaints against retailers engaged in underage sale of various flavors of ZYN nicotine pouches. The FDA said it had issued 119 warning letters to brick-and-mortar retailers and had filed 41 civil money penalty complaints seeking more than...
Broadcom Insider Sold Shares Worth $2,624,500, According to a Recent SEC Filing
Broadcom Insider Sold Shares Worth $2,624,500, According to a Recent SEC Filing
Apr 4, 2024
05:51 PM EDT, 04/04/2024 (MT Newswires) -- Hock E Tan, Director, President and CEO, on April 02, 2024, sold 2,000 shares in Broadcom ( AVGO ) for $2,624,500. Following the Form 4 filing with the SEC, Tan has control over a total of 168,096 shares of the company, with 168,096 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1730168/000173016824000041/xslF345X03/wk-form4_1712267119.xml Price: 1319.56, Change: +2.06,...
Dave & Buster's Entertainment Insider Sold Shares Worth $2,851,320, According to a Recent SEC Filing
Dave & Buster's Entertainment Insider Sold Shares Worth $2,851,320, According to a Recent SEC Filing
Apr 4, 2024
05:58 PM EDT, 04/04/2024 (MT Newswires) -- John Mulleady, Senior Vice President of Real Estate and Development, on April 04, 2024, sold 42,824 shares in Dave & Buster's Entertainment (PLAY) for $2,851,320. Following the Form 4 filing with the SEC, Mulleady has control over a total of 57,132 shares of the company, with 57,132 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1525769/000095017024041923/xslF345X03/ownership.xml...
Copyright 2023-2026 - www.financetom.com All Rights Reserved