NVIDIA HUANG CEO sells $ 15 million in shares for his 873 million dollar plan

Nafidia CEO Jensen Huang sold 100,000 shares of chips maker on Friday and Monday, according to To submit to the US Securities and Exchange Committee.

The value of sales is approximately $ 15 million at the opening price on Tuesday.

The transactions are the first sale in the Huang Plan to sell up to 6 million shares from NVIDIA until the end of 2025. It is a plan announced in March, and it will reach $ 873 million in the opening price on Tuesday.

The founder of NVIDIA still owns more than 800 million NVIDIA shares, according to the SEC report on Monday. Huang’s population is about 126 billion dollars, as it occupies the twelfth place Bloomberg billionaires index.

Sell ​​the 62 -year -old CEO About $ 700 million in NVIDIA shares Last year, according to a pre -plan in advance as well.

NVIDIA has increased by more than 800 % since December 2022 yet Openai’s Chatgpt was first released for the public. She drew attention to NVIDIA graphics units, or graphics processing units, which were necessary to develop and operate artificial intelligence service.

The company’s highly demanded chips remain with the majority of the artificial intelligence chips market, and NVIDIA has introduced two fetches of GPU AI technology.

NVIDIA continues to grow. Her share increased by 9 % this year, even when the company faces Export control issues It can limit foreign markets for artificial intelligence chips.

In May, the company I mentioned the profits of the first quarter This showed the revenue of the chip maker by 69 % year on an annual basis to $ 44 billion in a quarter.