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

Canada News News

Huang Cashes In on Nvidia’s Rally With $169 Million Share Sale
Canada Latest News,Canada Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

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 Services Activity Contracts at Fastest Pace in Four YearsMortgage Rates in the US Rise for the First Time in Five WeeksSouthwest Starts Rights Plan in Response to Elliott Taking StakeHurricane Beryl Tests Jamaica’s $1.

6 Billion Disaster Safety NetEx-Goldman Banker Reported to US Authorities for Junk Carbon OffsetsZelenskiy Says Ukraine Discussing Transit of Azeri Gas to EuropeHurricane Beryl Nears Category 5 Strength on Caribbean TrackTrafigura JV Buys Texas Power Plant as Traders Bet on MarketWorld Bank Gives Zambia $200 Million for Drought ResponseRussian Wheat Gets Cheaper Than Rivals as Weather Aids HarvestSpain’s Imports of US Crude Oil Surged to a Record in MayNHL free agency shows teams in states with...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Caisse cashes out of data centre consolidator eStruxture in $1.8-billion dealCaisse cashes out of data centre consolidator eStruxture in $1.8-billion dealFengate Asset Management is leading a consortium buying $1.5-billion of stock from other investors including the Caisse’s entire position
Read more »

Nvidia Hitting $3 Trillion Propels Jensen Huang’s Wealth Above Michael Dell’sNvidia Hitting $3 Trillion Propels Jensen Huang’s Wealth Above Michael Dell’sNvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches $3 trillion.
Read more »

Nvidia CEO Huang Has Billions at Foundation Where He Logs 1-Hour WeeksNvidia CEO Huang Has Billions at Foundation Where He Logs 1-Hour WeeksNvidia Corp.’s stock surge over the past two years has, in theory, created a multibillion-dollar windfall for the philanthropic world – but only if Chief Executive Officer Jensen Huang and his wife Lori give the money away.
Read more »

Nvidia’s Rise to $3 Trillion Fuels ‘Jensanity’ Across Tech WorldNvidia’s Rise to $3 Trillion Fuels ‘Jensanity’ Across Tech WorldJensen Huang wasn’t on the official Computex 2024 program, but he didn’t need to be.
Read more »

AMD can compete with Nvidia as markets seek a 'second source'AMD can compete with Nvidia as markets seek a 'second source'Nvidia (NVDA) and AMD (AMD) have both made product announcements at Taipei's Computex conference. Nvidia CEO Jensen Huang revealed details about the next...
Read more »

Singapore Mansion Sold to Biopharma Mogul’s Wife for $24 Million: BTSingapore Mansion Sold to Biopharma Mogul’s Wife for $24 Million: BTThe wife of KBP BioSciences’ founder Huang Zhenhua bought an old bungalow in Singapore for S$32.5 million ($24 million), local newspaper Business Times reported Friday, without citing where it obtained the information.
Read more »



Render Time: 2025-02-21 00:16:31