Who Owns NVIDIA Corp? Top Shareholders & Ownership Structure 2025
NVIDIA Corporation (NASDAQ: NVDA) is primarily owned by institutional investors (around 70%) and individual shareholders (around 30%). The founder and CEO, Jensen Huang, is Nvidia's top individual shareholder (around 3.5-3.8%).
Due to a surge in demand for Nvidia's GPUs, which are now used in over 90% of AI applications, it is now a trillion-dollar company. This article will give an overview of its top ten largest shareholders and ownership structure. This material is for informational purposes only and not financial advice. Consult a financial advisor before making investment decisions.
🔍 Key Performance Snapshot
| Metric | Value |
| Market Capitalisation | ~$4.32 trillion |
| Institutional Ownership | ~70% |
| Jensen Huang’s Stake | ~3.5–3.8 % |
| AI GPU Market Share | > 90% |
*As of 24 September 2025
Key Takeaways
- Nvidia (NVDA) is a leading technology company with a current revenue of ~$122 billion.
- Currently, the company has about 24.366 billion outstanding shares and has a market cap of ~$4.32 trillion.
- It commands ~90% share of the AI GPU accelerator market, with ~88% of revenue coming from its AI data center business
- Founder and CEO Jensen Huang is the largest individual shareholder owning ~3.5-3.8%
Nvidia Shareholders Ownership Structure
Nvidia has evolved from a 1990s graphics start-up to a company with a valuation of over $1 trillion in the AI industry with its widely GPU technology and support from institutional and individual shareholders. Here are a few of its milestones:
Timeline of Milestones
- 1999 – IPO: NVIDIA launched on the NASDAQ Exchange, raising capital to help fund its research and development of its now-legendary GeForce GPUs, which revolutionised graphics performance.
- 2006 – CUDA Platform: The launch of the CUDA parallel-computing platform transformed GPUs from gaming hardware into the engine of scientific computing and machine learning.
- 2010s – 2020s – AI Boom: NVIDIA’s data-center chips became the default for AI training and machine-based learning models, giving the company ~90% market share in AI-focused GPUs.
Nvidia Shareholders: The Top 5 Institutional Owners
Below are the five largest institutional shareholders of Nvidia, as of 24 September 2025.
1. Vanguard Group
Nvidia’s biggest shareholder is Vanguard Group, one of the largest asset management companies worldwide. Vanguard holds around 2.13 billion Nvidia shares, which is about 8.7% of the total stock and worth ~$374 billion.
2. BlackRock Inc
BlackRock Inc. was founded in 1988 and focuses on risk management, investment strategies and financial technology. It holds about 1.82 billion Nvidia shares, which is 7.4% of the total stock and worth about $323 billion.
3. Fidelity Management & Research
Fidelity Management & Research was founded in 1946 and is a leading mutual fund company. It holds about 1.15 billion Nvidia shares, which is around 7.0% of the total stock and worth about ~$203 billion.
4. State Street
One of the largest custodian banks in the world, State Street, was founded in 1792. It holds about 905 million Nvidia shares, which is around 3.7% of the total stock and is worth around ~$160 billion.
5. Geode Capital Management
Geode Capital Management was founded in 2001 and offers index funds and quantitative funds to institutional investors. It holds about 525 million Nvidia shares, which is around 2.1% of the total stock and worth about ~$90 billion.
Nvidia Shareholders: The Top 5 Individual Owners
Below are the five largest individual shareholders of Nvidia.
1. Jensen Huang
Jensen Huang is the founder and CEO of NVIDIA. He remains the company’s largest individual shareholder with around 88 million shares, representing about 3.5% of the company and valued at over $30 billion. Forbes estimates Huang's net worth around ~$154 billion in 2025, making him one of the world’s richest tech leaders.
Huang helped guide Nvidia from a graphics-chip start-up into a trillion-dollar AI company. He drove innovations like the GeForce GPUs and the CUDA platform, helping Nvidia command 90% of the AI GPU market. These power everything from generative AI models to autonomous vehicles. His leadership in AI has been widely credited with transforming both the company and the global computing landscape.
2. Mark Stevens
Former board member and an important early investor, Mark Stevens, was a partner at Sequoia Capital. He is no longer a board member but still holds 4.1 million shares, which is 0.16% of the total stock worth around ~$553 million.
3. Tench Coxe
Tench Coxe joined the Nvidia board in 1993. Previously, he was the Managing Director of the venture capital investment firm Sutter Hill Ventures. Coxe holds about 3.8 million Nvidia shares, 0.15% of the total stock worth around ~$512 million.
4. Harvey Jones
Harvey Jones joined the Nvidia board in 1993. Jones owns around 749,980 shares, which is around 0.03% of the company, worth around ~$101 million.
5. Colette Kress
Nvidia's Executive Vice President and Chief Financial Officer, Colette Kress, joined in 2013. She owns 622,083 shares, which is around 0.03% of the company, worth about ~$83 million.
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Pros & Cons of Nvidia Shares
Here are just a few pros and cons to be aware of.
Pros:
- Dominant GPU manufacturing capabilities powering AI, data centers and gaming
- Potential continuation of global growth in the semiconductor industry
Cons:
- High valuation can cause large price swings and sharp reactions to news events
- Vulnerable to cyclical semiconductor industry slowdowns
- Exceptionally high volatility in stock price due to the AI hype bubble and sentiment shifts
Conclusion
NVIDIA sits at the centre of the booming semiconductor industry by offering advanced GPU technology which is use to drive AI models, data centers, and gaming applications.
Rivals like AMD and Intel also continue to innovate new competing chips, creating a highly competitive industry. While AI demand offers unique long-term opportunity, rich valuations, fears of a bubble and a cyclical chip market should not be ignored.
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FAQs on Largest Nvidia Shareholders
Who are the biggest shareholders of Nvidia?
The largest institutional shareholders are Vanguard Group, BlackRock Inc., Fidelity Management & Research, State Street and Geode Capital Management. The largest individual shareholders are Jensen Huang, Mark Stevens, Tench Coxe, Harvey Jones and Colette Kress.
Who owns Nvidia now?
Nvidia is owned by its shareholders. Institutional investors include Vanguard, BlackRock and Fidelity. Individual investors include Jensen Huang, Mark Stevens and Tench Coxe.
How many NVDA shares are there?
Currently, the number of Nvidia shares outstanding is 24.30 billion.
How has the AI boom affected Nvidia's shareholder value?
NVIDIA’s market cap has surged from under $500 billion in 2023 to about $4.3 trillion in 2025, as AI-driven data-center revenue now makes up ~90% of sales. Nvidia's strong corporate governance and experienced board of directors has helped to increase shareholder value. However, the past is no guarantee of the future and there are concerns regarding high valuations, fears of a bubble and increased competition.
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