Nvidia CEO Jensen Huang Offloads $1 Billion in Shares Amid AI-Driven Stock Surge
Nvidia Corp. CEO Jensen Huang has sold $5.19 million worth of shares, marking the latest tranche in a planned divestment that has now surpassed $1 billion since June. The sales, executed under a prearranged 10b5-1 trading plan, coincide with a 40% rally in Nvidia's stock as demand for its AI chips continues to fuel investor enthusiasm.
Huang retains substantial exposure through 69.7 million directly held shares and additional holdings via trusts. The disposals mirror broader insider activity, with Nvidia executives selling $1.5 billion in stock this year as the company's valuation eclipsed $5 trillion.