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Nvidia CEO Jensen Huang sells another $37 million worth of stock
CNBC· 2025-07-16 13:41
NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025.Nvidia CEO Jensen Huang sold another 225,000 shares of the chipmaker, totaling about $37 million, according to a U.S. Securities and Exchange Commission filing.The sale comes as part of a plan adopted in March for Huang to sell up to 6 million shares of t ...
Nvidia CEO Jensen Huang says tariff impact won't be meaningful in the near term
CNBC· 2025-03-19 14:41
Core Viewpoint - Nvidia's CEO Jensen Huang believes that the impact of President Trump's tariffs will not significantly harm the company in the short term, emphasizing the importance of AI development and manufacturing in America [1]. Group 1: Tariffs and Trade Relations - President Trump has initiated a trade war by imposing tariffs on major trading partners, with tariffs set to take effect on April 2 [1]. - Huang expressed optimism about manufacturing partnerships in the U.S. and downplayed the immediate effects of tariffs on Nvidia [1]. Group 2: Stock Performance and Market Concerns - Nvidia's shares have declined over 20% from their peak in January, primarily due to concerns regarding competition from Chinese AI lab DeepSeek, which suggests lower infrastructure costs for AI performance [2]. - Huang countered the concerns by stating that the reasoning models popularized by DeepSeek will require more chips, indicating a continued demand for Nvidia's products [2]. Group 3: Business Operations in China - Nvidia has faced restrictions in conducting business in China due to increased export controls, which have halved the company's revenue percentage from the region [3]. - Competitive pressures in China, particularly from companies like Huawei, have also impacted Nvidia's market position [3].
Super Micro Stock Soars On Nasdaq Compliance, But Can The Rally Hold?
Benzinga· 2025-02-26 14:08
Super Micro Computer Inc. SMCI just dodged a major bullet, and Wall Street is cheering. The artificial intelligence-focused server maker skyrocketed over 26% in premarket trading on Wednesday after announcing it had regained compliance with Nasdaq's filing requirements. But while the delisting threat is off the table, technical signals suggest the rally might not be smooth sailing. Chart created using Benzinga ProSMCI Stock Moderately Bullish, But Selling Pressure Spells CautionSMCI's stock has been on a wi ...