March 6 (Reuters) - Nvidia (NVDA) has adopted a new variable compensation plan ‌for fiscal 2027 that sets ‌a target cash bonus of $4 million for CEO ​Jensen Huang, according to a regulatory filing on Friday.

The plan, approved by Nvidia's compensation committee on March 2, ‌ties executive ⁠cash bonuses to the achievement of specific revenue goals for ⁠the fiscal year ending January 31, 2027.

Huang's total compensation for 2025 was $49.9 ​million, driven ​largely by ​stock awards valued ‌at $38.8 million, according to a regulatory filing in May last year.

The filing comes after Nvidia last month reported better-than-expected results for the January quarter ‌and forecast current-quarter revenue ​above Wall Street estimates, ​underscoring expectations ​that heavy spending by ‌Big Tech on artificial ​intelligence processors ​will continue.

The world's most valuable company said it expects fiscal first-quarter ​sales of $78 ‌billion, plus or minus 2%.

(Reporting by ​Jaspreet Singh in Bengaluru; Editing ​by Tasim Zahid)