NVIDIA CEO Jensen Huang sells over $36M in stock
Digest more
Nvidia CEO Jensen Huang dismissed concerns over President Trump’s tariff agenda, saying the California-based company will “work through it” and emphasized that the U.S. needs to bolster its production of chips.
Nvidia CEO Jensen Huang has been warned by U.S. Senators to avoid engaging with Chinese companies linked to military or intelligence operations during his upcoming China visit. The bipartisan concern follows fears that Nvidia's actions could aid China's AI and chip development despite export control laws.
Nvidia stock trades at $166.46 as CEO Jensen Huang sells $36M in shares and overtakes Warren Buffett in net worth amid AI-led rally.
According to Bloomberg Billionaires Index, Nvidia CEO Jensen Huang's net worth has surged by a whopping $27.6 billion since January 1 this year, marked by a consistent upward movement in his company's shares amid an AI boom.
Nvidia's historic market valuation has fueled the extraordinary growth of CEO Jensen Huang's foundation from $828 million to over $9.1 billion in five years.
Nvidia is soaring in the AI sector as nations rush to develop their sovereign AI capabilities, leading Citi to raise its price target for the tech giant. Discover how Nvidia is positioned to benefit significantly from the growing demand in the AI data center market and sovereign AI projects.