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Monday, 28 July 2025
Markets

Nvidia CEO Jensen Huang sells shares

Nvidia CEO Jensen Huang sells shares

Jensen Huang, co-founder and CEO of Nvidia Corp, speaks during a news conference in Taipei on May 21, 2025.

I-HWA Cheng | AFP | Getty images

Nvidia CO Jensen Huang sold 75,000 shares on Friday, which cost around $ 12.94 million, according to A Admission With the US Securities and Exchange Commission.

Friday’s sales are part of the plan adopted for Huang in March, which is to sell 6 million shares of the leading leading shares. artificial intelligence Company. Earlier this week, Huang sold about $ 37 million to 225,000 shares of chipmaker, according to a different sec. AdmissionCEO started stock trade as per plan Previous month,

The demand for AI and graphics processing units has increased that powering the big language model has greatly increased Huang’s net worth and has carried forward NVDia’s market capitalization. $ 4 trillionIt is making it the most valuable company in the world.

NVidia announced this week that he expects Start sales again It will approve export license for China soon after the signals from the Trump administration. Earlier this year, US officials stated that NVidia would require special permission to ship chips, which are specifically designed for the Chinese market.

The company said, “The US government has assured Nvidia that licenses would be granted, and Nvidia hoped to start delivery soon,” the company said. statement On Tuesday. Huang said during one News conference In Beijing on Wednesday, he wants to sell more advanced chips than China at some point.

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