Nvidia CEO Jensen Huang got a huge payday last year thanks to strong demand for the company's Al chips.

Huang's total compensation for the 2024 fiscal year was a 60% jump from the year before, when he was awarded $21.4 million.

His compensation consisted of $26.7 million in stock awards, $4 million in cash bonuses, and $2.5 million for other expenses, including residential security, and car and driver.

Huang's payday bonanza came as Nvidia's share price sustained a rally on the back of the Al frenzy.