10:56 - 30.06.2025

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June 30 Fineko/abc.az. Nvidia's management sold more than $1 bn worth of shares, AB.AZ reports with reference to the Financial Times. 

The report notes that over the past year, Nvidia executives, which manufactures artificial intelligence chips, have sold shares worth more than $1 bn. 

According to the source, over the past month alone – when the market reached new records and the geopolitical tensions worrying investors faded into the background – approx. $500 million worth of shares were sold. Despite all these processes, Nvidia shares have grown by 17% since the beginning of this year and by 44% over the past three months.

The documents show that company's CEO, Jensen Huang, recently conducted a $15 million share sale in accordance with a $900 million plan announced in March that calls for the sale of 6 million shares by the end of the year. His personal fortune currently stands at close to $138 bn, and according to this indicator, he ranks 11th in billionaires index Bloomberg.