Nvidia CEO Jensen Huang Completes $1 Billion Share Sale

Nvidia Corp. Chief Executive Officer Jensen Huang has sold more than $1 billion worth of the chipmaker’s shares since June, completing a massive pre-planned stock sale.

The final sale of 25,000 shares, reported Friday, wrapped up an arrangement adopted by Huang in March to unload as many as 6 million shares by year-end. The stock was worth about $865 million when he started selling in late June, but has climbed over 40% since then amid unquenchable demand for artificial intelligence processors.

Jensen Huang

Photographer: Na Bian/Bloomberg

The Santa Clara, California-based company became the first to reach $5 trillion in market value Wednesday after ...