Nvidia CEO Jensen Huang sells shares
Jensen Huang, the founding partner and CEO of Nvidia Corp., speaks at a press conference on May 21, 2025 at a press conference in Taipei.
I-hwa cheng | AFP | Getty Images
Nvidia CEO Jensen Huang sold 75,000 shares on Friday and worth about $ 12.94 million filing US Securities and Stock Exchange Commission.
Sales on Friday are part of a plan adopted in March to sell Huang’s leading artificial intelligence company 6 million stakes. At the beginning of this week, Huang sold 225,000 shares of the chip manufacturer, which is about $ 37 million, according to a separate SEC filing. CEO started to buy stocks per plan last month.
The demand for graphic processing units, which strengthened AI and large language models, significantly increased the net value of Huang’s net value and pushed Nvidia’s market value beyond $ 4 trillion and made it the most valuable company in the world.
This week, Nvidia announced that the H20 chips will soon be expected to continue to sell to China, following the signals that the Trump administration will approve export licenses. Earlier this year, US officials said that Nvidia would require special permission to send chips specially designed for the Chinese market.
“The US government made sure that licenses will be given to NVIDIA, and Nvidia hopes to start delivery soon.” He said. expression Tuesday. At a press conference held in Beijing on Wednesday, Huang said he wanted to sell more advanced chips than the H20 at a point.
