Nvidia CEO Jensen Huang said in a CBS interview on October 20 that he doesn't mind paying taxes and views his expected $8 billion in taxes over five years as a 'privilege,' as California weighs a 5% levy on wealthy residents' total assets. His comments come as billionaires such as Sergey Brin and Eric Schmidt oppose the plan, while Peter Thiel and Mark Zuckerberg have left the state for lower-tax locations. Huang, worth over $187 billion according to Forbes, said he could not have succeeded without the opportunities America offers and called California a hub of talent. The initiative needs more than 870,000 signatures to reach a November vote, and would let billionaires pay the tax over five years.
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Original headline: Jensen Huang 'không sợ đóng thuế, chỉ sợ nghèo'
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.47 |
| Change that session | -0.29% |
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