Nvidia CEO Jensen Huang urged relocation to California despite the state's highest global tax rates, speaking at Stanford on April 10, 2026.
He appeared with Congressman Ro Khanna and former adviser H.R. McMaster to discuss the US role in AI, noting he is fine with any new taxes.
His comments contrast with a proposed California ballot initiative imposing a one‑time 5% wealth levy on net worth to fund health‑care, prompting billionaire exits.
Recent departures include Google founders Sergey Brin and Larry Page, Peter Thiel opening a Miami office, and VC David Sacks moving to Austin.