NVIDIA CEO Jensen Huang charms China
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24/7 Wall St. on MSNNvidia CEO Jensen Huang Sells $12 Million Of StockJensen Huang has started to sell shares in Nvidia. He began the process earlier this year. He is the world's 9th richest person.
Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at approximately $12.94 million, according to a new SEC filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company.
With help from a longtime Silicon Valley investor turned White House insider, Mr. Huang got the administration to reverse course on restrictions.
Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.
Jensen Huang and his brother were sent to a boarding school in Kentucky, an institution his uncle had mistakenly believed to be prestigious. In reality, it was a school for troubled youth.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.
Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.
Jensen Huang's net worth has officially surpassed Warren Buffett's. Huang has been selling millions of dollars worth of Nvidia stock.
Nebius is currently the best stock that Nvidia owns. The company flew under the radar earlier this year because it was listed on the Nasdaq Stock Exchange just recently (in October) after a nearly three-year hiatus. The Russian tech giant Yandex, which was delisted due to sanctions after Russia invaded Ukraine, formerly owned Nebius' assets.
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They don’t need Nvidia’s chips … to build their military,” Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.
Relatively unknown to the general public only three years ago, Jensen Huang now stands as one of the most powerful entrepreneurs in the world as head