Nvidia CEO Jensen Huang attends a roundtable treatment astatine the Viva Technology league dedicated to innovation and startups astatine Porte de Versailles accumulation halfway successful Paris connected June 11, 2025.
Sarah Meyssonnier | Reuters
Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker's banal connected Friday and Monday, according to a filing with the U.S. Securities and Exchange Commission.
The income are worthy astir $15 cardinal astatine Tuesday's opening price.
The transactions are the archetypal merchantability successful Huang's program to merchantability arsenic galore arsenic 6 cardinal shares of Nvidia done the extremity of 2025. It's a program that was announced successful March, and it'd beryllium worthy $873 cardinal astatine Tuesday's opening price.
The Nvidia laminitis inactive owns much than 800 cardinal Nvidia shares, according to Monday's SEC filing. Huang has a nett worthy of astir $126 billion, ranking him 12th connected the Bloomberg Billionaires Index.
The 62-year-old main enforcement sold about $700 cardinal successful Nvidia shares past twelvemonth nether a prearranged plan, too.
Nvidia banal is up much than 800% since December 2022 aft OpenAI's ChatGPT was archetypal released to the public. That motorboat drew attraction to Nvidia's graphics processing units, oregon GPUs, which were needed to make and powerfulness the artificial quality service.
The company's chips stay successful precocious request with the bulk of the AI spot market, and Nvidia has introduced 2 consequent generations of its AI GPU technology.
Nvidia continues to grow. Its banal is up 9% this year, adjacent arsenic the institution faces export power issues that could bounds overseas markets for its AI chips.
In May, the institution reported first-quarter earnings that showed the chipmaker's gross increasing 69% connected an yearly ground to $44 cardinal during the quarter.
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