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 within the year [3][5] - The stock sales were driven by a significant increase in NVIDIA's stock price, which rose over 40% due to strong demand for AI processors [3] - 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 [5] Share Sales and Financial Performance - Huang's recent stock sales included a final transaction of 25,000 shares, with the total sales since June amounting to approximately 71 billion RMB [3] - Since 2001, Huang has sold over $2.9 billion in NVIDIA stock, currently holding about 3.5% of the company [5] - 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 [6] Market and Competitive Landscape - Huang expressed optimism about the potential for U.S.-China cooperation in the tech sector, emphasizing the importance of the Chinese market for American technology companies [8] - He acknowledged the competitive strength of Chinese companies, particularly Huawei, in areas such as 5G technology and smartphones, highlighting the need for NVIDIA to remain vigilant in its competitive strategies [8]
刚刚!减持套现70亿!