"They don't need Nvidia's chips ... to build their military," Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.

Jensen Huang's net worth has officially surpassed Warren Buffett's. Huang has been selling millions of dollars worth of Nvidia stock.

Nebius is currently the best stock that Nvidia owns. The company flew under the radar earlier this year because it was listed on the Nasdaq Stock Exchange just recently (in October) after a nearly three-year hiatus. The Russian tech giant Yandex, which was delisted due to sanctions after Russia invaded Ukraine, formerly owned Nebius' assets.