If you’ve invested in AI chip maker Nvidia, how do you know when to sell?
Nvidia CEO Jensen Huang made his first share sale of the year in June, cashing in 1.3 million shares to net $169 million, the most he’s gained so far in one month, Bloomberg reported on Wednesday.
Factoring in June’s sale, Huang has gained close to $1.1 billion from selling stock since January 2020. He’s not done yet, with U.S. Securities and Exchange Commission filings showing that he intends to keep cashing in this month.
As of June, Huang had a 3.8% stake in Nvidia, or over 934 million shares, making him the company’s largest individual stockholder.
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