Nvidia’s latest move higher comes as AI server makers Super Micro Computer and Hon Hai tout continued demand for AI hardware. Even the CEO of Microsoft is boasting on social media about how quickly his company is adopting Nvidia’s latest chips.

Huang, 61, is the world’s 11th-richest person with an estimated net worth of $116.2 billion, according to Forbes’ Real-Time Billionaires List. Huang’s fortune has increased by about $102 billion since 2019, when he was ranked the 546th-richest.

The head of the chipmaker and investor favorite said in an interview on CNBC Wednesday that demand for the company's AI chips is "insane."

Nvidia's CEO will host the company's official CES keynote on January 6, 2025. Keep reading to find out the expected announcements.

"Blackwell is in full production, Blackwell is as planned," Jensen Huang said. "Everybody wants to have the most and everybody wants to be first."

Nvidia chief Jensen Huang said during an interview with CNBC on Wednesday that demand for the tech giant’s Blackwell “Superchip” is “insane,” sending Nvidia shares up more than 3% on Thursday. Nvidia shares reached as high as $124.26 on Thursday before cooling down to $122.80 at market close, a 3.3% jump.

Every year, the CES trade fair provides a preview of upcoming hardware. In January, Nvidia's CEO holds what is probably the most important CES keynote.

Starting Nvidia from scratch and growing it into a $3 trillion company took three decades and stretched Jensen Huang to his absolute limit. "Building a company is insanely hard," the chipmaker's cofounder said in a video shown at "Acquired Live" last month and posted online this week.

Nvidia CEO Jensen Huang has described the demand for the company’s upcoming Blackwell artificial intelligence chip as “insane.” In an interview with CNBC’s “Closing Bell Overtime,” Huang noted that every major player in the AI space is eager to secure the chip,