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Nvidia CEO Jensen Huang has finished liquidating the chipmaker’s stock for now, having cashed in over $700 million under a predetermined plan. The 61-year-old executive exceeded his target for selling up to six million Nvidia shares by the end of the first quarter of 2025, completing the transactions between June 13 and Sept. 12. Despite the sales being part of a structured 10b5-1 plan, Nvidia’s shares saw a boost, trading more than 4% higher.
Nvidia has been a major player in the AI industry, with its stock surging over 140% this year. The company briefly reached a $3 trillion market cap and its influence on the market and investor sentiment has grown significantly. After the recent sales, Huang still holds 75.4 million Nvidia shares and additional shares through trusts and a partnership. He is the company’s largest individual shareholder according to a separate filing.
Nvidia provides processors for the generative AI sector and services like OpenAI’s ChatGPT, catering to major clients such as Microsoft, Meta, Alphabet, Amazon, and Oracle.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
