NVIDIA Resumes AI Chip Sales to China
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Nvidia Corporation continues to lead in AI & data centers, fueling stock growth despite risks & high valuations. Click for my NVDA update.
Jensen Huang’s trading plan has sold 975,000 Nvidia shares for $152 million since June, as the stock price sets records.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.
Nvidia Corporation leads the global AI revolution. U.S.-China export breakthroughs boost H20 GPU sales in China, driving revenue. Click for my NVDA update.
Huang has unloaded 1.2 million shares, totaling about $190 million, since he started selling stock this year, according to InsiderScore.
Despite the sales, investor confidence in Nvidia appeared intact, with the stock rising about 1% in early Friday trading
Nvidia's founder and CEO, Jensen Huang, is persistently selling his shares in the chip firm despite its record-breaking stock value.
Nvidia CEO Jensen Huang has caught up to Berkshire Hathaway’s Warren Buffett in net worth, according to analysis from Fortune and Bloomberg.