Skip to content
|Loading...
Share Gyan home
EBook

NVIDIA CEO Jensen Huang Donates $10 Million for Nepal Flood Relief

NVIDIA co-founder and CEO Jensen Huang has pledged $10 million, worth more than Rs. 1.5 billion, to support relief, rehabilitation and reconstruction in flood-hit Nepal.

Published By Share Gyan
NVIDIA CEO Jensen Huang Donates $10 Million for Nepal Flood Relief

Jensen Huang, co-founder, president and CEO of NVIDIA, has provided US$10 million in assistance for victims of the devastating floods in Nepal. The contribution, equivalent to more than Rs. 1.5 billion, will be channeled through the Prime Minister’s Disaster Relief Fund to support relief, rehabilitation and reconstruction in disaster-affected areas. Finance Minister Dr. Swarnim Wagle expressed gratitude to Huang for the significant contribution and said the Prime Minister’s Disaster Relief Fund had surpassed Rs. 10 billion in total contributions. Huang’s donation represents one of the largest individual contributions received for the disaster and highlights growing international solidarity with Nepal. NVIDIA is a global leader in graphics processing units and artificial intelligence technology, making the contribution particularly notable as support from the international technology community. The funds are expected to assist not only immediate relief operations but also longer-term reconstruction of damaged homes, roads, bridges and other critical infrastructure.

Related News

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.

Kalinchowk Darshan Reports Higher Quarterly Loss as Flood Disrupts Tourism

Kalinchowk Darshan Limited (KDL) reported a net loss of Rs 4.596 million in the first quarter of FY 2083/84, up from Rs 3.386 million in the same period last year. The decline was largely attributed to the devastating Bhotekoshi floods, which disrupted road access and reduced tourist arrivals.

Gold Price Edges Up by Rs 600, Silver Declines in Nepali Market

Gold prices in Nepal increased by Rs 600 per tola on Wednesday, reaching Rs 275,600, while silver prices dropped by Rs 20 to Rs 3,655 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.

Gold Price Rises by Rs 700, Silver Declines by Rs 45 in Nepal

Gold prices increased slightly in the Nepali market on Tuesday, while silver prices recorded a decline, according to the Federation of Nepal Gold and Silver Dealers' Association.

Makar Jitumaya Suri Hydropower Proposes 13.6842% Dividend for FY 2082/83

Makar Jitumaya Suri Hydropower Limited has proposed a 13.6842% dividend for its shareholders for FY 2082/83, comprising 13% bonus shares and 0.6842% cash dividend to cover tax obligations.