11:52 - 29.07.2025
July 29, Fineko/abc.az. Nvidia's market capitalization reached a historic high, exceeding $4.3 trillion, amid the growth of the American stock indices S&P 500 and Nasdaq on July 28.
The company's shares rose more than by 170% in 2024, adding nearly $700 billion to Nvidia's value.
This success was continuation of a 240% growth in 2023, supported by company's leadership in production of chips for artificial intelligence.
Nvidia CEO Jensen Huang is actively reducing his stake in the company. On July 15, he sold 225,000 shares worth about $38 million as part of a plan established under rule 10b5-1, which regulates insider trading.
Since the beginning of 2025, Huang has sold 1.2 million shares for $190 million and plans to sell up to 6 million shares by the end of the year. Despite the sales, he remains the largest individual shareholder with a stake of around 3.5%.
Positive developments in Nvidia's business environment include the approval of export licenses by the U.S. administration for H20 chips for China. At the shareholders' meeting on June 25, Huang stressed that Nvidia is moving beyond the production of chips, focusing on robotics.
6 July 2026
6 July 2026
6 July 2026