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NVIDIA's stock price surged following CEO Jensen Huang's early completion of selling the company's shares based on his own trade plan. Huang had been using an effective Rule 10b5-1 trading plan until March 2025 but sold 6 million shares about six months before the plan expired. The sales took place from June 14th to September 13th, at prices ranging from $91.72 to $140.24, totaling approximately $701.3 million. He currently holds around 75.4 million shares in his personal account and 7.086 billion shares through trusts and partnerships.
Against the backdrop of high demand for AI, NVIDIA has achieved a revenue growth of 122% year-on-year, and Mr. Huang stated that 'Generative AI will revolutionize every industry.'
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