Huang Cashes In on Nvidia's Rally With $169 Million Share Sale

Bloomberg07-04

It’s the most he’s netted in a month thanks to stock surgeThe sales were part of a trading plan adopted in March(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth ...

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Comments

FearX
07-04
FearX
I guess everyone need to start selling shares soon. insiders won't sell the shares if they believe the share price haven't reach it peak. If the insiders been selling shares at price of 120-140, it's seems that they might also think that the bubble might burst too. Nevertheless, no one can predict stock market accurately. But for it to reach 3T market cap, it's going to be difficult to rise in short term!
- eo1668:
  ok
- KSR:
  👍
Keef
07-04
Keef
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Chief Executive Officer Jensen Huang unloaded shares worth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0056508442.USD","symbol_name":"贝莱德世界科技基金A2","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale","article_id":"2448433135","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2448433135","pubTimestamp":1720047967,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":" -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.US Allies Say China Is Developing Attack Drones for Russia. China Can End Russia’s War in Ukraine With One Phone Call, Finland Says. Biden Faces Mounting Pressure as Report Says He Is Weighing Exit. Zelenskiy Challenges Trump to Reveal Plans for Ending War. Biden Plummets in Leaked Democratic Polling Memo, Puck Says. The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion.Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. 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Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion. The series of transactions were executed under a 10b5-1 trading plan adopted in March, according to the filings. Nvidia declined to comment. Nvidia’s dominant share of the market for high-end accelerators has made it one of the the biggest beneficiaries of the AI craze. Due to the stock’s more than 150% gain since the start of the year, Huang’s net worth has more than doubled — rising $63.7 billion — in the last six months. The co-founder of the company is now ranked 13th on the Bloomberg Billionaires Index with a $107.7 billion fortune. He’s not the only insider selling. Company executives and directors unloaded more than $700 million of shares in the first half of this year, a dollar amount that dwarfs any other period in company history. Another beneficiary of Nvidia’s stock surge has been Huang’s personal foundation. The Jen-Hsun & Lori Huang Foundation is sitting on an estimated war chest of more than $8 billion based on the 69 million shares it held at the end of 2022, according to its most recent tax filings. So far, most of Huang’s personal giving has been to a donor-advised fund run by Schwab Charitable. Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans to continue selling in July.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":323945144533136,"gmtCreate":1720094412925,"gmtModify":1720185459550,"author":{"id":"3585300524739374","authorId":"3585300524739374","name":"FearX","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3585300524739374","authorIdStr":"3585300524739374"},"htmlText":"I guess everyone need to start selling shares soon. insiders won't sell the shares if they believe the share price haven't reach it peak. If the insiders been selling shares at price of 120-140, it's seems that they might also think that the bubble might burst too.&nbsp; Nevertheless, no one can predict stock market accurately. But for it to reach 3T market cap, it's going to be difficult to rise in short term!","listText":"I guess everyone need to start selling shares soon. insiders won't sell the shares if they believe the share price haven't reach it peak. If the insiders been selling shares at price of 120-140, it's seems that they might also think that the bubble might burst too.&nbsp; Nevertheless, no one can predict stock market accurately. But for it to reach 3T market cap, it's going to be difficult to rise in short term!","text":"I guess everyone need to start selling shares soon. insiders won't sell the shares if they believe the share price haven't reach it peak. If the insiders been selling shares at price of 120-140, it's seems that they might also think that the bubble might burst too. Nevertheless, no one can predict stock market accurately. But for it to reach 3T market cap, it's going to be difficult to rise in short term!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1653,"commentSize":2,"repostSize":73,"link":"https://ttm.financial/post/323945144533136","repostId":2448433135,"repostType":2,"repost":{"id":"2448433135","kind":"highlight","pubTimestamp":1720047967,"share":"https://ttm.financial/m/news/2448433135?lang=&edition=fundamental","pubTime":"2024-07-04 07:06","market":"us","language":"en","title":"Huang Cashes In on Nvidia's Rally With $169 Million Share Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2448433135","media":"Bloomberg","summary":" -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.US Allies Say China Is Developing Attack Drones for Russia. China Can End Russia’s War in Ukraine With One Phone Call, Finland Says. Biden Faces Mounting Pressure as Report Says He Is Weighing Exit. Zelenskiy Challenges Trump to Reveal Plans for Ending War. Biden Plummets in Leaked Democratic Polling Memo, Puck Says. The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion.Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans t","content":"<html><head></head><body><ul style=\"\"><li><p>It’s the most he’s netted in a month thanks to stock surge</p></li><li><p>The sales were part of a trading plan adopted in March</p></li></ul><p>(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.</p><p>The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion. </p><p>The series of transactions were executed under a 10b5-1 trading plan adopted in March, according to the filings. Nvidia declined to comment. </p><p>Nvidia’s dominant share of the market for high-end accelerators has made it one of the the biggest beneficiaries of the AI craze. Due to the stock’s more than 150% gain since the start of the year, Huang’s net worth has more than doubled — rising $63.7 billion — in the last six months. The co-founder of the company is now ranked 13th on the Bloomberg Billionaires Index with a $107.7 billion fortune. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/758094eb10d2b32f406b8a8a71943c80\" tg-width=\"1200\" tg-height=\"675\"/></p><p>He’s not the only insider selling. Company executives and directors unloaded more than $700 million of shares in the first half of this year, a dollar amount that dwarfs any other period in company history. </p><p>Another beneficiary of Nvidia’s stock surge has been Huang’s personal foundation. The Jen-Hsun &amp; Lori Huang Foundation is sitting on an estimated war chest of more than $8 billion based on the 69 million shares it held at the end of 2022, according to its most recent tax filings. So far, most of Huang’s personal giving has been to a donor-advised fund run by Schwab Charitable. </p><p>Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans to continue selling in July. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Huang Cashes In on Nvidia's Rally With $169 Million Share Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHuang Cashes In on Nvidia's Rally With $169 Million Share Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-04 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the most he’s netted in a month thanks to stock surgeThe sales were part of a trading plan adopted in March(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4587":"ChatGPT概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0109392836.USD":"富兰克林科技股A","BK4527":"明星科技股","BK4543":"AI","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4550":"红杉资本持仓","BK4579":"人工智能","LU0080751232.USD":"富达环球多元动力基金A","BK4588":"碎股","BK4141":"半导体产品","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4503":"景林资产持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4551":"寇图资本持仓","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","NVDA":"英伟达","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4581":"高盛持仓","LU0079474960.USD":"联博美国增长基金A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4529":"IDC概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","BK4567":"ESG概念"},"source_url":"https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2448433135","content_text":"It’s the most he’s netted in a month thanks to stock surgeThe sales were part of a trading plan adopted in March(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion. The series of transactions were executed under a 10b5-1 trading plan adopted in March, according to the filings. Nvidia declined to comment. Nvidia’s dominant share of the market for high-end accelerators has made it one of the the biggest beneficiaries of the AI craze. Due to the stock’s more than 150% gain since the start of the year, Huang’s net worth has more than doubled — rising $63.7 billion — in the last six months. The co-founder of the company is now ranked 13th on the Bloomberg Billionaires Index with a $107.7 billion fortune. He’s not the only insider selling. Company executives and directors unloaded more than $700 million of shares in the first half of this year, a dollar amount that dwarfs any other period in company history. Another beneficiary of Nvidia’s stock surge has been Huang’s personal foundation. The Jen-Hsun & Lori Huang Foundation is sitting on an estimated war chest of more than $8 billion based on the 69 million shares it held at the end of 2022, according to its most recent tax filings. So far, most of Huang’s personal giving has been to a donor-advised fund run by Schwab Charitable. Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans to continue selling in July.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":324617529483328,"gmtCreate":1720281653922,"gmtModify":1720281657221,"authorId":3560376076037644,"author":{"id":3560376076037644,"idStr":"3560376076037644","authorId":3560376076037644,"name":"eo1668","avatar":"https://static.tigerbbs.com/039a625a00fac8daa05bb87ff64ecd3c","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323945144533136,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":324398060925088,"gmtCreate":1720228181052,"gmtModify":1720228184444,"authorId":4121076730674632,"author":{"id":4121076730674632,"idStr":"4121076730674632","authorId":4121076730674632,"name":"KSR","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323945144533136,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"EN"},{"id":323702830649528,"gmtCreate":1720054362883,"gmtModify":1720056698297,"author":{"id":"3569732449078887","authorId":"3569732449078887","name":"Keef","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569732449078887","authorIdStr":"3569732449078887"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323702830649528","repostId":2448433135,"repostType":2,"repost":{"id":"2448433135","kind":"highlight","pubTimestamp":1720047967,"share":"https://ttm.financial/m/news/2448433135?lang=&edition=fundamental","pubTime":"2024-07-04 07:06","market":"us","language":"en","title":"Huang Cashes In on Nvidia's Rally With $169 Million Share Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2448433135","media":"Bloomberg","summary":" -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.US Allies Say China Is Developing Attack Drones for Russia. China Can End Russia’s War in Ukraine With One Phone Call, Finland Says. Biden Faces Mounting Pressure as Report Says He Is Weighing Exit. Zelenskiy Challenges Trump to Reveal Plans for Ending War. Biden Plummets in Leaked Democratic Polling Memo, Puck Says. The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion.Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans t","content":"<html><head></head><body><ul style=\"\"><li><p>It’s the most he’s netted in a month thanks to stock surge</p></li><li><p>The sales were part of a trading plan adopted in March</p></li></ul><p>(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.</p><p>The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion. </p><p>The series of transactions were executed under a 10b5-1 trading plan adopted in March, according to the filings. Nvidia declined to comment. </p><p>Nvidia’s dominant share of the market for high-end accelerators has made it one of the the biggest beneficiaries of the AI craze. Due to the stock’s more than 150% gain since the start of the year, Huang’s net worth has more than doubled — rising $63.7 billion — in the last six months. The co-founder of the company is now ranked 13th on the Bloomberg Billionaires Index with a $107.7 billion fortune. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/758094eb10d2b32f406b8a8a71943c80\" tg-width=\"1200\" tg-height=\"675\"/></p><p>He’s not the only insider selling. Company executives and directors unloaded more than $700 million of shares in the first half of this year, a dollar amount that dwarfs any other period in company history. </p><p>Another beneficiary of Nvidia’s stock surge has been Huang’s personal foundation. The Jen-Hsun &amp; Lori Huang Foundation is sitting on an estimated war chest of more than $8 billion based on the 69 million shares it held at the end of 2022, according to its most recent tax filings. So far, most of Huang’s personal giving has been to a donor-advised fund run by Schwab Charitable. </p><p>Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans to continue selling in July. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Huang Cashes In on Nvidia's Rally With $169 Million Share Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHuang Cashes In on Nvidia's Rally With $169 Million Share Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-04 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the most he’s netted in a month thanks to stock surgeThe sales were part of a trading plan adopted in March(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4587":"ChatGPT概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0109392836.USD":"富兰克林科技股A","BK4527":"明星科技股","BK4543":"AI","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4550":"红杉资本持仓","BK4579":"人工智能","LU0080751232.USD":"富达环球多元动力基金A","BK4588":"碎股","BK4141":"半导体产品","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4503":"景林资产持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4551":"寇图资本持仓","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","NVDA":"英伟达","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4581":"高盛持仓","LU0079474960.USD":"联博美国增长基金A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4529":"IDC概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","BK4567":"ESG概念"},"source_url":"https://www.bloomberg.com/news/articles/2024-07-03/huang-cashes-in-on-nvidia-s-rally-with-169-million-share-sale","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2448433135","content_text":"It’s the most he’s netted in a month thanks to stock surgeThe sales were part of a trading plan adopted in March(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion. The series of transactions were executed under a 10b5-1 trading plan adopted in March, according to the filings. Nvidia declined to comment. Nvidia’s dominant share of the market for high-end accelerators has made it one of the the biggest beneficiaries of the AI craze. Due to the stock’s more than 150% gain since the start of the year, Huang’s net worth has more than doubled — rising $63.7 billion — in the last six months. The co-founder of the company is now ranked 13th on the Bloomberg Billionaires Index with a $107.7 billion fortune. He’s not the only insider selling. Company executives and directors unloaded more than $700 million of shares in the first half of this year, a dollar amount that dwarfs any other period in company history. Another beneficiary of Nvidia’s stock surge has been Huang’s personal foundation. The Jen-Hsun & Lori Huang Foundation is sitting on an estimated war chest of more than $8 billion based on the 69 million shares it held at the end of 2022, according to its most recent tax filings. So far, most of Huang’s personal giving has been to a donor-advised fund run by Schwab Charitable. Huang has cashed out nearly $1.1 billion in shares since the start of 2020, including June’s sales. Additional filings show that he plans to continue selling in July.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":18,"commentSize":2,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2448433135"}