Nvidia’s Huang Sold $323 Million of Stock in July Before Decline
- The sales are part of the CEO’s trading plan adopted in March
- Huang has unloaded almost $500 million of shares since June
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Nvidia Corp.’s Jensen Huang continued his summer of selling, offloading a record $322.7 million worth of shares in July just ahead of a wider tech stock selloff.
Combined with the shares he unloaded in June, the chipmaker’s co-founder and chief executive officer has sold almost $500 million worth since the stock hit its peak amid an AI-fueled rally.