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The Front Office

Scouting report · NVDA

Jen-Hsun Huang

  • President & CEO, Director, NVDA since 1993src

Co-founded NVIDIA in 1993 and has been its President and CEO ever since

A89 / 100

Ranked #2 of 23

Scouting sheet

as of 24 Sep 2026
Delivers guidance839 beat · 7 met · 2 missed · 0 withdrawn
Answers the question733 dodges in 16 answers on 2 calls
Capital allocation100company five-year record: compounds
Pay design10096% performance-conditioned · revenue, operating income, relative tsr · 93.6% for · 0.03% of net income
Skin in the game100stake worth $199.3bn, 5483× last year's pay
Age
63src
In the role
34 yr
Promises scored
18
Hit rate
89%
Dodges / 100 answers
18.8
Airtime on calls
50%
Every promise, oldest firstBBBXBBBBBMMMMMMBMX

What to weigh

Watch 5

  • Founder-CEO for 33 years and the face of the company; the 10-K lists retaining executives and key employees as a risk factorsrc
  • Adopted a Rule 10b5-1 plan on 2025-03-20 to sell up to 6,000,000 shares through 2025-12-31src
  • Export controls reach his pay plan: the fiscal 2026 stretch goals were cut automatically ($190bn to $160bn revenue) once H20 licences were imposedsrc
  • H20 licence requirement for China (April 2025) cost a $4.5bn charge; the Feb 2026 H200 China licence had produced no revenue by the 10-Ksrc
  • Two of his children work at NVIDIA (not executives, not his reports); company also pays about $4.0m a year for his and his family's securitysrc

In their favour 1

  • Beneficially owns 3.58% of NVIDIA (870.6m shares, incl. 58.7m foundation shares with no pecuniary interest); hedging and pledging are prohibitedsrc

Career

  1. 1993 – now
    NVIDIA Corporationsrc
    Co-founder; President, CEO and director since inception
  2. 1985 – 1993
    LSI Logic Corporationsrc
    Various positions, including Director of CoreWare (the SOC business unit)
  3. 1983 – 1985
    Advanced Micro Devicessrc
    Microprocessor designer

Achievements

  • Has run NVIDIA from its 1993 founding to fiscal 2026 revenue of $215.9bn and non-GAAP operating income of $137.3bnsrc
  • NVIDIA's three-year TSR to fiscal 2026 was 1,055%, the 100th percentile against the S&P 500 in the CEO's PSU testsrc
  • Elected to the National Academy of Engineering; received the SIA Robert N. Noyce Award and the IEEE Founder's Medalsrc
  • Appointed in 2026 to the President's Council of Advisors on Science and Technologysrc

Education

  • Stanford University, MS Electrical Engineering (1992)src
  • Oregon State University, BS Electrical Engineering (1984)src

Background

  • Founder Co-founded NVIDIA in April 1993 with Chris Malachowsky and Curtis Priem, who chose him as CEOsrc
  • Personal Born 1963 in Tainan, Taiwansrc
  • Personal Sent to the US at nine; by his own account placed at a Kentucky reform school, where he cleaned toiletssrc
  • Family Related to AMD CEO Lisa Su (first cousins once removed); Su has described them publicly as distant relatives who met only later in their careerssrc
  • Family Two of his adult children are NVIDIA employees; neither is an executive officer, shares his household or reports to him; fiscal 2026 pay about $1.2m and $1.3m (Item 404)src
  • Family His NVIDIA shares are held with his wife as co-trustees of family trusts and LLCs; both sit on the board of the Jen-Hsun & Lori Huang Foundationsrc
  • Giving The Huang Foundation buys GPU compute from CoreWeave to donate to universities and non-profits ($108.3m donated to date); NVIDIA plans free engineering support for grantees (disclosed as a related-person item)src
  • Giving With his wife gave $50m in 2022 to Oregon State for the supercomputing research complex that bears their namessrc
  • Giving With his wife pledged the $30m gift behind Stanford's Jen-Hsun Huang Engineering Center (dedicated 2010)src
  • Boards No other public-company boards; no NVIDIA board committee seatssrc
  • Legal Named defendant in derivative suits (Lipchitz v. Huang, Nelson v. Huang, Horanic v. Huang) over 2017-18 statements on crypto-mining GPU demand; stayed pending the securities class actionsrc

The promise ledger

18 scored · 0 open
ResultWhat was promisedWhere it is scoredHow
B BeatQ3 FY25 revenue $32.5bn ±2%NVDA row 1written outlook
B BeatQ4 FY25 revenue $37.5bn ±2%NVDA row 2written outlook
B BeatQ1 FY26 revenue $43.0bn ±2%; non-GAAP GM 71.0% ±50bp (revenue)NVDA row 3written outlook
X MissedQ1 FY26 revenue $43.0bn ±2%; non-GAAP GM 71.0% ±50bp (gross margin)NVDA row 3written outlook
B BeatQ2 FY26 revenue $45.0bn ±2% ("reflects a loss in H20 revenue of approximately $8.0 billion")NVDA row 4written outlook
B BeatQ3 FY26 revenue $54.0bn ±2%NVDA row 5written outlook
B BeatQ4 FY26 revenue $65.0bn ±2%NVDA row 6written outlook
B BeatQ1 FY27 revenue $78.0bn ±2%NVDA row 7written outlook
B BeatQ2 FY27 revenue $91.0bn ±2%NVDA row 8written outlook
M Met ×6Quarterly non-GAAP GM, the seven quarters other than row 3 (guides 75.0, 73.5, 72.0, 73.5, 75.0, 75.0, 75.0) (gross margin, six quarters)NVDA row 9written outlook
B BeatQuarterly non-GAAP GM, the seven quarters other than row 3 (guides 75.0, 73.5, 72.0, 73.5, 75.0, 75.0, 75.0) (gross margin, Q2 FY26)NVDA row 9written outlook
M MetFY25 gross margin "in the mid-70% range"NVDA row 10written outlook
X MissedFY26 non-GAAP opex growth "in the mid-30% range"NVDA row 11written outlook

Questions dodged

18.8 per 100 answers

  1. Q2 FY27 · FY28 cash cost of the ecosystem commitments · Vivek Arya (BofA). Asked whether the ~$500bn he summed from the CFO commentary is the ballpark, and "if there is a specific cash part of that, that we should think about in fiscal '28". Huang answered the custom-chip competition part; Kress answered on supply commitments ("This is essential for the raising of Vera Rubin today as well as all next year.").…

    from NVDA · dossier-2026-09-24.md

  2. Q2 FY27 · how much of the FY28 +70% is price · Stacy Rasgon (Bernstein). "So I assume some of this is pricing." Huang: "The unconstrained would be a lot higher." then the segment split and $/GW by generation; the price share was not given. CALL-Q2FY27, turns 11–12.

    from NVDA · dossier-2026-09-24.md

  3. Q1 FY27 · size of the hyperscale vs ACIE segments · Stacy Rasgon. "I mean, they are both about the same the same magnitude now." Huang answered why AI-native clouds prefer NVIDIA, not the size. The next release answered it by disclosure (hyperscale $49bn of $89bn Data Center in Q2 FY27), so this is a note, not a thread. CALL-Q1FY27, turns 21–22.

    from NVDA · dossier-2026-09-24.md

Calls reviewed

  • FY2027-Q1.roic.json — 8 answers, 55% of the words
  • FY2027-Q2.roic.json — 8 answers, 45% of the words

Sources

11
  1. Filing NVIDIA Corporation DEF 14A (2026 annual meeting) · 2026-05-12
  2. Filing NVIDIA Corporation 10-K for fiscal 2026 (Information About Our Executive Officers; risk factors; Note on litigation) · 2026-02-25
  3. Filing NVIDIA Corporation 8-K Item 5.07, 2026 annual meeting results · 2026-06-30
  4. Filing NVIDIA Corporation 10-Q for Q1 fiscal 2026, Part II Item 5 (Rule 10b5-1 trading arrangements) · 2025-05-28
  5. Filing SEC XBRL companyconcept us-gaap/NetIncomeLoss, FY2026 10-K (accn 0001045810-26-000021) · 2026-09-24
  6. Web search result WebSearch: Jensen Huang biography (Britannica Money) · 2026-09-24
  7. Web search result WebSearch: Jen-Hsun Huang, Oregon State Engineering Hall of Fame 2013 · 2026-09-24
  8. Web search result WebSearch: Designing for the future, 100 Years of Stanford Engineering (Huang Center, MS '92) · 2026-09-24
  9. Web search result WebSearch: $50 million gift by NVIDIA founder and spouse, Oregon State University newsroom · 2026-09-24
  10. Web search result WebSearch: Nvidia and AMD CEOs, the Taiwanese American cousins (CNN Business, 2023-11-05) · 2026-09-24
  11. Web search result WebSearch: Jensen Huang on his childhood in Kentucky (Fortune, 2025-12-05) · 2026-09-24