^{This article originally appeared on Business Insider.}

Nvidia's CEO recently shed light on distributing its chips on demand.

Comments have brought Meta of CEO Mark Zuckerberg extensive stock back in the spotlight.

Jensen Huang told investors on Wednesday that the company was doing its best to distribute chips evenly amid unprecedented demand.

“We do our best to allocate fairly and avoid unnecessary distribution,” Huang said in a phone call with analysts following Nvidia's fourth-quarter results.

Huang was responding to a question about the distribution of chips among companies fighting for one limited supply, many of which are competitors.

“At its core, we want to allocate fairly, avoiding waste and looking for opportunities to connect partners and end users,” he said.

Meanwhile, Zuckerberg is pressing ahead with his plan to buy hundreds of thousands of chips as part of his ambition to create a “high-end product group” focused on generative AI.

Last month, Zuckerberg said Threshold that Meta would have more than 340,000 Nvidia H100 GPUs — the main chips companies use to train and deploy AI models — by the end of 2024.

Taking other types of chips into account, the CEO said he expected Meta to have stocked 600,000 GPUs by the end of the year, the report said.

Rising global demand for the chips has boosted Nvidia's stock dramatically over the past 12 months.

The AI ​​chip maker reported better than expected quarter earnings on Wednesday, with revenue of $22.1 billion in the fourth quarter — a 265% year-over-year increase. Nvidia shares rose almost 15% in the pre-market post trading successful salesreported Business Insider.

Meta did not immediately respond to BI's request for comment.