Jensen Huang of Nvidia sells 100,000 shares of the company as part of a plan of $ 870 million

Nafidia CEO Gensen Huang It revealed the sale of 100,000 shares of the company on Friday and Monday, according to the files with the Securities and Stock Exchange Committee (SEC).

The value of Huang stock sales reached about $ 15 million, as shares traded in a range between 142.50 dollars to 145.63 dollars during trading sessions on Friday and Monday.

Stock sales are part of a plan for Huang and NVIDIA in the latest quarterly files that would allow him to sell up to 6 million shares of the company before the end of 2025.

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Trading plans such as what Huang used, known as the 10b5-1 plan, are used, so that executives and investors who have large classes in a specific company can detect potential sales without surprising the market and causing consideration of transactions as a shock.

index	protection	last	Changing	% Change
Nvda	Nvidia Corp.	147.90	+3.73	+2.59 %

NVIDIA has flourished over the past few years, amid the emergence Artificial Intelligence (AI)The company also designs advanced artificial intelligence chips.

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Huang said in an interview with him in February on Fox Business Nitr.Claman count“The adoption of artificial intelligence” is incredibly fast “among what he described as” basic technology builders, models and companies that build AIS for consumers. ”

Earlier this year, NVIDIA announced plans for Manufacturing from Ai SuperCanters In the United States, with the advanced Blackweell chips that will be made in Arizona and Ai Supercants in facilities in Texas.

NVIDIA has increased more than 6.5 % so far and about 25 % over the past year.

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In the past five years, Nvidia Arrow price More than 1510 % increased as artificial intelligence technology has been adopted on a wider scale.