Jensen Huang completes over $1 billion share sale plan.

Jensen Huang completes over $1 billion share sale plan.

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Nvidia CEO Jensen Huang has completed a prearranged stock sale plan, cashing out over $1 billion since late June.

According to documents disclosed on Friday, Huang completed the final sale of 25,000 shares. This transaction wraps up a plan he set up in March this year, which was aimed at selling up to 6 million shares by the end of the year.

Over the past six months, fueled by sustained high demand for AI processors, Nvidia's stock price has soared by more than 85%.

(Over the past six months, Nvidia’s stock price has risen nearly 86%)

This California-based Santa Clara company surpassed a $5 trillion market capitalization for the first time this Wednesday, just four months after breaking the $4 trillion mark. Its astonishing growth rate has directly increased the value of shares held by insiders.

Jensen Huang's large-scale sell-off is not an isolated case. Data shows that as the stock price repeatedly hits new highs, insiders at Nvidia and other companies benefiting from the AI boom are accelerating their stock sales.

This has not only brought them massive profits, but has also produced three new billionaires at Nvidia this year, further cementing its status as a “billionaire maker.”

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