Core Insights - Jensen Huang, CEO of Nvidia, has completed a planned sale of over $1 billion in company shares since June, concluding a strategy to sell up to 6 million shares by the end of the year [2][4] - The stock sales were driven by a significant increase in Nvidia's stock price, which rose over 40% due to high demand for AI processors [2] - Huang's net worth has increased by $61.3 billion this year, placing him ninth on the Bloomberg Billionaires Index with a total wealth of $175.7 billion [4] Share Sales and Financial Impact - Huang's recent stock sales included a final transaction of 25,000 shares, with the total value of shares sold since June amounting to approximately $1 billion (around 71 billion RMB) [2] - Since 2001, Huang has sold over $2.9 billion in Nvidia stock, currently holding about 3.5% of the company [4] - Nvidia insiders, including Huang, have collectively sold nearly $1.5 billion in shares in the first three quarters of the year, with total insider sales expected to exceed $2 billion in 2024 [4] Market Position and Future Outlook - Huang expressed optimism about Nvidia's role in the Chinese market, emphasizing the importance of U.S.-China cooperation in technology [5] - He acknowledged the competitive landscape, particularly highlighting Huawei's capabilities in 5G and chip technology, indicating a serious approach to competition [5] - Huang's comments reflect a strategic focus on maintaining Nvidia's leadership in the AI chip market while recognizing the significance of the Chinese market [5]
刚刚!减持套现70亿!