Jensen Huang rockets to 6th richest, overtakes Bernard Arnault as Nvidia’s stock powers up

Move over, luxury handbags — semiconductors are having their bling moment.

Nvidia’s Jensen Huang has officially outpaced Bernard Arnault of LVMH fame, securing the No. 6 rank on the global rich list after a wild surge in Nvidia’s share price, Forbes reported. 

The graphics chipmaker became the first publicly traded company to top the $4 trillion market cap, eclipsing even tech titans Apple and Microsoft.

Huang owns roughly 3% of Nvidia, which helped catapult his net worth to stratospheric new heights as Nvidia added over $145 billion to its market cap in one day alone.

Nvidia’s stock stood at a record $171.37 (up 0.39% on Thursday, 10:50 GMT), boosting Huang’s fortune by more than $5.3 billion in mere minutes.

It’s an AI gold rush, and Nvidia is holding the only tool that matters. 

The company produces chips that power everything from ChatGPT to autonomous cars, with Huang at the controls.

But recently, a diplomatic cliffhanger nearly snatched away billions in sales.

In April 2025, the Trump White House slammed the brakes on exports of Nvidia’s H20 chip to China, cutting the company off from a $17 billion-a-year market and making Wall Street jittery.

After months of lobbying, meetings, and trade wrangling, the Trump team reversed course in July, agreeing to grant Nvidia licences to sell its H20 chips to Chinese customers, The Wall Street Journal reported. 

The stunning shift came just days after Jensen Huang personally met with President Donald Trump at the White House.

Jensen Huang put down the circuit diagrams and picked up his diplomatic toolkit, flying to Washington for a last-ditch effort. 

On July 10, 2025, Huang sat down with President Trump to urge a policy reversal.

Insiders say he argued that dominating AI globally depended on keeping China as a customer — and letting Nvidia’s chips set the world standard.

Within days, Washington flipped its stance: assured by a crafty blend of industry logic and rare earth supply deals, Trump’s team paved the path for the H20 to re-enter the Chinese market.

As soon as news broke that the H20 would be allowed back into China, investors piled in.

It has triggered a H20 chip gold rush. Chinese tech giants scrambled to place orders, eager to get their hands on Nvidia’s AI crown jewels before any further geopolitical plot twists.

Nvidia chips remain the backbone of the global AI explosion. Morgan Stanley analysts called the revived China business a “huge, positive kick to margins”—and shareholders celebrated.

Nvidia has promised that H20 chip deliveries to Chinese businesses will start “soon” — with major orders now already in the queue and logistics teams prepping shipments for the coming weeks, as per Business Insider. 

The precise start date is under wraps but insiders say shipments are imminent before the end of Q3 2025.

The new milestone has made Silicon Valley’s most unassuming billionaire a global power player — and cemented Nvidia’s place at the top of the tech universe.