The CEO of NVIDIA, Jensen Huang, participates in the Round Table discussion at the VIVA technology conference on innovations and startups at the Porte de Versailles exhibition center in Paris on June 11, 2025.
Sarah Messonnier Reuters
Nvidia CEO of Jensen Huang sold 100,000 Chipmaker shares on Friday and Monday, according to to the application to the American Commission of Securities and Exchange.
Sales are worth almost $ 15 million at Tuesday's opening price.
Transactions are the first sales in Huang's plan to sell up to 600,000 NVIDIA shares by the end of 2025. It is a plan announced in March, and it would be worth $ 873 million on Tuesday.
The founder of NVIDIA still has over 800 million NVIDIA shares, according to Monday's SEC. Huang has a net value of around $ 126 billion, taking it 12. Bloomberg billionaire indicator.
62-year-old CEO sold About $ 700 million in NVIDIA shares Last year also as part of the preliminary plan.
NVIDIA shares have increased by over 800% since December 2022. Openai Chatgpt was first published in public. This launch drew attention to the NVIDIA or GPU graphics processing units, which were needed to develop and supply the artificial intelligence service.
Company chips are very sought after in most AI chip market, and Nvidia has introduced two more generations of AI GPU technology.
Nvidia is still growing. His shares increased this year by 9%, even when the company is struggling Export control problems This may limit foreign markets for their AI systems.
In May, the company Earnings were reported in the first quarter This showed that the revenues of the vertex manufacturer grow by 69% within $ 44 billion, including the quarter.
