NVIDIA’s head of investor relations and strategic finance steps down Fastest growing chip company For startups.
Nvidia Vice President Simona Jankowski She announced her resignation Jankowski left the semiconductor company after seven years to become chief financial officer of the startup, a move that “was not an easy decision to make,” Jankowski said in a LinkedIn post on Monday. Jankowski has not yet revealed the name of the startup but said he will in a future post.
Jankowski, who worked as an equity research analyst at Goldman Sachs in 2001, said his first job was to build a financial model for Nvidia. Jankowski met Nvidia CEO Jensen Huang then and followed the company’s stock price throughout the 2000s. He left Goldman Sachs in 2017 to join the chipmaker. Since then, the company’s revenue has grown more than 10-fold, and its profits and market capitalization have grown more than 20-fold, Jankowski said.
“Perhaps even more impressive is the more than 1,000x increase in AI computing performance enabled by NVIDIA’s flagship GPUs, and the increase in size of state-of-the-art AI models by more than 20,000x,” she wrote.
Jankowski said working with Huang was “the experience of a lifetime,” adding that the chipmaker had launched what Huang called “a new industrial revolution.”
Nvidia recently joined Apple and Microsoft in the $3 trillion market cap club, briefly overtaking both companies. The world’s most valuable publicly traded company by market capitalization.
Nvidia is First semiconductor company to reach a $2 trillion valuation The company reported its highest-ever fourth-quarter profit in February and beat Wall Street expectations in May. Record First Quarter Revenues It is expected to reach $26 billion in 2025, up 262% from the previous year.
But Nvidia’s Stocks have fallen this weekAs a result, its market cap fell to $3 trillion, behind Microsoft’s $3.3 trillion and Apple’s $3.2 trillion.
