menu
close

Nvidia CEO Huang Sells $12.9M in Shares Amid AI Chip Resurgence

Nvidia CEO Jensen Huang sold 75,000 shares valued at $12.94 million on Friday, part of his planned divestment of up to 6 million shares by year-end. This latest transaction follows a series of stock sales totaling over $50 million in recent weeks, even as Nvidia's market cap has surged beyond $4 trillion. The sales come as Nvidia prepares to resume shipments of its H20 AI chips to China following approval from the Trump administration.
Nvidia CEO Huang Sells $12.9M in Shares Amid AI Chip Resurgence

Nvidia CEO Jensen Huang continues his planned stock divestment strategy, selling 75,000 shares worth approximately $12.94 million last Friday, according to a filing with the U.S. Securities and Exchange Commission.

The transaction is part of a predetermined plan adopted in March 2025 that allows Huang to sell up to 6 million Nvidia shares through the end of the year. Since initiating the plan in June, Huang has systematically sold portions of his holdings, including 100,000 shares worth $15 million in June and 225,000 shares valued at approximately $37 million earlier this week.

Despite these sales, Huang remains Nvidia's largest individual shareholder with approximately 3.5% of the company's outstanding stock, worth over $140 billion. His net worth has surged dramatically in 2025, increasing by about $29 billion since January, placing him among the world's ten wealthiest individuals with a fortune comparable to Warren Buffett's estimated $144 billion.

The stock sales come at a pivotal moment for Nvidia, which recently became the world's first company to reach a $4 trillion market capitalization. The chipmaker's dominance in AI processing has fueled extraordinary growth despite earlier challenges with export restrictions to China.

In a significant development, Nvidia announced this week that it expects to resume sales of its H20 AI chips to China soon, following signals from the Trump administration that it would approve export licenses. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company stated. This reversal could help Nvidia recover billions in potential revenue after the company was forced to take a $4.5 billion writedown on unsold H20 inventory in May when export restrictions were initially imposed.

Speaking at a press conference in Beijing on Wednesday, Huang expressed hope to eventually sell more advanced chips to China than the H20, saying, "I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time." The resumption of H20 sales is expected to significantly impact Nvidia's fiscal third quarter results.

Source: Biztoc.com

Latest News