Jensen Huang Offloads Over $90M Worth Shares In The Last Week Since Nvidia Scaled Peak Market Capitalization Of $3.24 Trillion

Quick Summary:

While Nvidia Corp.(NASDAQ:NVDA) has set the stock market on fire with its rapid surge, briefly making it the largest company by market capitalization, its CEO and "Godfather of GPU" Jensen Huang has offloaded shares worth over $90 million in the last week.

In the last week alone, Huang sold shares worth over $94 million, according to Nvidia's Form 4 filings.

All in all, Huang has sold 720,000 shares of Nvidia between June 13 to June 21, netting him $94.64 million.

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Author / Journalist: Rounak Jain

Category: Technology

Markets: United States

Topics: Markets NVDA Benzinga Equities News US67066G1040 People In Tech Jensen Huang Insider Trades Tech Artificial intelligence

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 06:25:57 (5 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 21334849

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