Nvidia’s Rally Means CEO’s Foundation Must Double Giving, Again

Nvidia Corp.’s Jensen Huang continues to play catch up with his philanthropy, as his company’s soaring stock keeps raising the bar for how much his foundation has to give away.

The Jen-Hsun and Lori Huang Foundation donated more than $126 million last year after it had to double its giving from 2023, according to its latest tax filing. Thanks to Nvidia’s blistering stock rally, the foundation’s assets grew 170% to $9.2 billion in 2024.