China to Approve NVIDIA H200 Buying
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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.
The real story at CES 2026 was Nvidia’s continued effort to redefine what “infrastructure” means in a world that is increasingly dependent on AI.
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?)
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.
Nvidia finalized a $5B Intel stake after FTC approval, buying 214.7M shares. The move bolsters Intel’s foundry push as 18A ramps.
Jensen Huang took to the CES stage on Monday to share the latest from NVIDIA, and while the presentation was more a refresher of technologies the company has been working on for the past few years, there were a couple of notable announcements.
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.
Wall Street also is hardly backing away from Nvidia, with 76 of the 82 analysts who cover the company holding buy ratings and only one recommending selling. The average Wall Street price target implies a gain of 37% over the next 12 months, which would push its market value over $6 trillion.
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.
Nvidia's biggest gaming reveal at CES 2026 was DLSS 4.5, an update for RTX GPUs that can boost frames rendered by six times via multi-frame generation and sharpen images with an upgraded Transformer AI model.