Zinger Key Points
- Nvidia appointed former NASA leader Ellen Ochoa, boosting board diversity.
- Ochoa’s addition expands Nvidia’s board to 13 members, strengthening leadership.
Nvidia Corp NVDA tapped Ellen Ochoa, the first Latina astronaut and former NASA’s Johnson Space Center director, to its board of directors. The addition highlights the chip designer’s commitment to bringing diverse leadership experience to its strategic decision-making team.
Ochoa’s selection marks a significant addition to the board, expanding the number of members to 13.
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Ochoa, 66, brings a robust technical and scientific background to the board. She holds a B.S. in physics from San Diego State University and an M.S. and Ph.D. in electrical engineering from Stanford University. Her experience spans leadership roles across multiple industries, including her current board positions at Service Corporation International and Mutual of America Financial Group.
Recently, Apple gave way to Nvidia as the most valuable company, marking the chipmaker’s evolution from a 3D gaming startup to an artificial intelligence (AI) powerhouse. Nvidia’s graphics processing units (GPUs) proved indispensable for AI technology, enabling deep learning and cloud computing. Nvidia also replaced Intel Corp in the Dow Jones Industrial Average.
Nvidia stock is up 206% year-to-date. Investors can gain exposure to the stock through SPDR S&P 500 SPY and iShares Core S&P 500 ETF IVV.
Price Action: NVDA stock is down 0.9% at $147.55 at last check Friday.
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