The CEO of Nvidia, Jensen Huang, has sold shares of the company for over 36 million dollars.
According to CNBC.
Documents filed with the U.S. Securities and Exchange Commission reveal that Huang sold 225,000 shares of the chip manufacturer for approximately 36.4 million dollars.
In March this year, he announced plans to sell up to 6 million shares of the company by the end of the year.
His first stock sale occurred in June, totaling around 15 million dollars.
Huang's wealth has surged as investors bet on Nvidia's dominance in artificial intelligence and graphic processors that support large language models.
According to Bloomberg's billionaire index, the 62-year-old's fortune has increased by over 29 billion dollars since the beginning of 2025.
His net worth currently stands at 143 billion dollars, placing him alongside Warren Buffett of Berkshire Hathaway, who has 144 billion dollars.
As reported by Ukrinform, this week Nvidia became the first company to reach a market capitalization of 4 trillion dollars amid a surge in tech stock prices on Wall Street.