Huang Renxun further reduced his holdings in NVIDIA by 225,000 shares, worth approximately $36.4 million.
On July 11th, according to documents submitted to the U.S. Securities and Exchange Commission, Huang Renxun recently reduced his holdings of the company's stocks by approximately 225,000 shares, valued at around $36.4 million. This transaction is part of a stock sales plan he established in March of this year, which allows him to sell up to 6 million shares by the end of the year. The background of these series of sales is that investors' bets on NVIDIA's dominant position in the field of artificial intelligence have pushed its stock price and Huang Renxun's personal wealth to unprecedented levels.
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