Sotheby's is auctioning one of Nvidia CEO Jensen Huang's signature black leather jackets, with the signed piece carrying an estimated value of US$40 million.

The sale begins on Monday, with a minimum bid set at R$220,000 (approximately US$38,000).

The jacket, a staple of Huang's public appearances, has become a recognizable symbol of the semiconductor giant's corporate identity and its dominance in the artificial intelligence hardware market.

The auction highlights the cultural cachet surrounding Nvidia's leadership as the company navigates intense geopolitical scrutiny.

Huang has recently been formally invited to testify before the US Senate Banking Committee, where Senator Elizabeth Warren is intensifying oversight of Nvidia's sales to China and its compliance with export controls.

The juxtaposition of a high-value cultural artifact and serious regulatory pressure underscores the dual nature of Nvidia's current position: a market darling facing mounting political headwinds.