FILE PHOTO: NVIDIA CEO Jensen Huang attends an 'Investing in America' event held by U.S. President Donald Trump in Washington, D.C., U.S., April 30, 2025. REUTERS/Leah Millis/File Photo
(Reuters) - Nvidia CEO Jensen Huang's personal net worth jumped to around $120 billion on Tuesday, up from $80 billion last year, as a boom in demand for the company's artificial intelligence chips has powered a steep rally in its shares.
Nvidia hit $3 trillion in market value after it agreed to sell hundreds of thousands of AI chips in Saudi Arabia with many chips to an AI startup launched by its sovereign wealth fund, in a sign demand for its top-line processors is still booming.
