11:09 - 14.07.2025
July 14, Fineko/abc.az. The CEO of American corporation Nvidia, Jensen Huang, sold 225,000 shares of the company for $36.4 million.
ABC.AZ informs that this is stated in company's statement on the website of the U.S. Securities and Exchange Commission (SEC).
Last year, as part of a similar program, Huang sold Nvidia shares for around $700 million. According to the Bloomberg Billionaires Index, the top manager's fortune has increased almost by $29 billion (more than a quarter) up to $143 billion since the beginning of the year, which allowed him to come very close to legendary investor Warren Buffett from $144 billion.
On Wednesday last week, Nvidia became the first company in history to have market capitalization exceeding $4 trillion. Shares of the chipmaker rose 1.8% in trading on Friday.
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