Nvidia Targets $4M CEO Bonus as Vertiv, Lumentum, Coherent Join S&P 500
Vertiv, Lumentum and Coherent, all tied to Nvidia’s AI ecosystem, will join the S&P 500 on March 23. Nvidia set a target $4 million cash bonus for CEO Jensen Huang under its fiscal 2027 plan as shares dipped after oil prices surged and dragged the Dow down 450 points.
1. Nvidia-Linked AI Stocks to Join S&P 500
Vertiv, Lumentum and Coherent, all closely tied to Nvidia’s AI hardware and software ecosystem, will be added to the S&P 500 index ahead of trading on March 23, reflecting their revenue exposure to Nvidia’s data center and AI workloads.
2. CEO Jensen Huang’s 2027 Compensation Plan
Nvidia’s board approved a variable compensation plan for fiscal 2027 that sets a target cash bonus of $4 million for CEO Jensen Huang, aligning executive pay with long-term AI revenue and shareholder return metrics.
3. Market Reaction and Nvidia Share Price Impact
Shares of Nvidia declined following a 450-point drop in the Dow Jones due to surging oil prices, which stoked concerns over broader market volatility and dampened investor appetite for growth-oriented tech stocks.