Apparently there’s something better than the Super Bowl. New York Magazine was invited by Nvidia fans to a Manhattan sports bar to watch the exciting quarterly earnings announcement live from the next-generation semiconductor powerhouse. The atmosphere was enthusiastic and the beer was flowing until the seven TV screens at the Storehouse, a pub in Chelsea, showed the same sad news: the company, second in the world in terms of stock market value after Apple, earned “only” a paltry $30 billion between April and June. A disappointing result enough to send down 7% a stock that Goldman Sachs described as late as last February as “the most important on planet Earth”, and darken the faces of dozens of investors under 30 crowded into the bar.
Jensen Huang, founder of Nvidia, doesn’t have much to worry about. This taciturn “techie,” the famous antihero of Silicon Valley, always dressed in his eternal black jacket, was filmed signing an autograph on a fan’s bustier at a convention this summer. For the moment, his personal fortune still stands at $91 billion, mainly
