Nvidia CEO Jensen Huang is $2 billion richer as Nvidia stock soars

Nvidia (NVDA) CEO Jensen Huang is $2.3 billion richer thanks to a recent surge in Nvidia stock.

The chip giant’s shares rose more than 2 percent in premarket trading after closing up about 2 percent at $123.51 apiece on Wednesday. The company’s stock surge has pushed its market capitalization back above $3 trillion, recovering ground from recent losses and bringing Nvidia back into the coveted club.

Huang’s net worth now stands at $108 billion, making him the 13th richest man in the world, according to Forbes. The CEO owns about a 3% stake in Nvidia, which is the bulk of his net worth.

This current increase in Nvidia stock can be driven by Bain’s Annual Technology Reportpublished on Wednesday, which predicted that the market for AI products could reach nearly $1 trillion by 2027.

Consulting firm PREDICTED that companies will need to make “unprecedented levels of technology infrastructure investment” to stay on top — a positive signal to investors that crowdfunding for data centers and other critical AI infrastructure will remain strong.

“If large data centers currently cost between $1 billion and $4 billion, data center costs five years from now could be between $10 billion and $25 billion,” the report said.

Nvidia is one of the world’s largest semiconductor manufacturers and has become a wake-up call for excitement and demand for artificial intelligence. The company has seen its final bubble in demand for chips that can power AI boomlike its Blackwell and H200 chips.

was also the first chipmaker to reach a market capitalization of $2 trillion in February, collecting the title of the third most valuable company in the world in March. Era in short, the most valuable company in the world this summer.

But stocks have mostly been down over the past month. Despite a winning streak that saw record second quarter revenue of $30 billion for fiscal 2025 — up 122% from a year ago — Nvidia stock is still down 2% in the past month. Shares fell as much as 12.55% in the days following the Aug. 29 earnings report.

Still, the chipmaker’s stock rose around 156% this year. And compared to a year ago, Nvidia stock is up more than 190%.