$1,000 in Nvidia's 1999 IPO would be worth about $6.6 million today, even after this week's fall

Jensen Huang resigned as Nvidia's CEO on 12 November 2026, the company said. He had led it since he co-founded it in 1993, with Chris Malachowsky and Curtis Priem. Under him, Nvidia went from a graphics chip start-up to the first company in the world to be valued at $5 trillion.

Huang, born in Taipei in 1963, studied electrical engineering at Oregon State University and Stanford. In 1992, he and his two co-founders met regularly at a Denny's diner in East San Jose, where they agreed to start the company, according to Wikipedia's account. Huang signed Nvidia's articles of incorporation on 5 April 1993.

Nvidia went public in January 1999 at $12 a share. Since then it has split its stock six times: 2-for-1 in 2000, 2001 and 2006, 3-for-2 in 2007, 4-for-1 in 2021 and 10-for-1 in 2024. Together, those turn one IPO share into 480 shares today, according to The Motley Fool and Yahoo Finance.

$1,000 at the IPO price bought about 83 shares. After the splits, that is 40,000 shares. At Nvidia's closing price of $166.19 on 12 November 2026, they would be worth about $6.65 million, or about ₹62.6 crore at the rupee's close of 94.12 to the dollar. This ignores dividends and taxes.

Nvidia became the first chipmaker worth $1 trillion on 30 May 2023, Business Today reported. Its value reached $3 trillion in June 2024. On 29 October 2025 it became the first company to pass $5 trillion, Business Standard reported, about three months after crossing $4 trillion.

Huang received the IEEE Medal of Honor in January 2026 and was named to the US President's Council of Advisors on Science and Technology in March. On 12 November he resigned, after admitting an affair in a staff email and amid reports about his ties to a woman described as a suspected Chinese intelligence asset.

On 12 November, Nvidia's market value fell below $4 trillion for the first time since July 2025, Al Jazeera reported. CFO Colette Kress is interim CEO while the board looks for a permanent successor. The next marker is the quarterly results on 17 November.