Nvidia CEO Jensen Huang has an estimated net worth of $166 billion, according to Forbes. A 5% tax on those assets would result in a bill over $8 billion.

Nvidia introduced six chips on the so-called Rubin platform, one of which is the so-called Vera Rubin superchip that combines one Vera CPU and two Rubin GPUs in a processor.

Jensen Huang will take the stage today, Jan. 5, at 4 p.m. ET/1 p.m. PT to deliver his 90-minute keynote, and the event will livestream on YouTube. CNET is reporting live from the ground to capture all the announcements in real time.

The RTX 3060 originally launched in February 2021 and became part of a wider range of Ti, VRAM quantity variants, plus a low-hash-rate (LHR) model designed to thwart cryptocurrency mining. (Remember when that was the only problem we had with GPU availability and pricing?)

Nvidia finalized a $5B Intel stake after FTC approval, buying 214.7M shares. The move bolsters Intel’s foundry push as 18A ramps.

Nvidia’s Rubin AI drives higher demand for storage and memory. Expect continued shortages and higher prices in 2026. Jensen Huang named 2026 IEEE Medal of Honor winner.

Nvidia Corp. Chief Executive Officer Jensen Huang, the world’s ninth-richest person and head of the most valuable company, said he isn’t concerned about a billionaires tax under consideration in his home state of California.

California residents worth over $1 billion would be subject to a five percent tax imposed on their net worths, not incomes, covering assets like stocks, artwork, and intellectual property rights. They would have five years to pay. Assuming Huang’s net worth is around $160 billion, as estimated, he would owe roughly $8 billion in taxes.

The race to build larger, more advanced data centres to power the growth of artificial intelligence is intensifying in Asia — and so is the complexity in financing them, writes Nikkei Asia’s Lorretta Chen.