Jensen Huang, the CEO of Nvidia, has sold shares of the company, netting over $36 million.
This news comes from CNBC.
According to filings with the U.S. Securities and Exchange Commission, Huang sold 225,000 shares of the chipmaker for approximately $36.4 million.
It is noted that in March this year, the CEO of Nvidia decided to sell up to 6 million shares by the end of the year.
His first batch of shares was sold back in June, which totaled around $15 million.
Huang's wealth has surged as investors bet on Nvidia's dominance in artificial intelligence and the graphics processors that power large language models.
According to the Bloomberg Billionaires Index, the 62-year-old's fortune has increased by over a quarter, or approximately $29 billion, just since the beginning of 2025.
His wealth in this index was last reported at $143 billion, placing him alongside investment guru Warren Buffett of Berkshire Hathaway, who has $144 billion.
As reported by Ukrinform, this week Nvidia became the first company to reach a market capitalization of $4 trillion amid a rapid rise in tech stocks on Wall Street in recent months.