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NVIDIA CORP (NASDAQ:NVDA), a dominant player in the semiconductor industry with an impressive 86% revenue growth in the last twelve months, saw its President and CEO Jen Hsun Huang sell a total of 202,797 shares of common stock between July 24 and July 28, 2025, for approximately $39.16 million. The sales were executed at prices ranging from $172.0758 to $176.3777, with the stock currently trading near its 52-week high of $177. According to InvestingPro analysis, NVIDIA appears overvalued at current levels.
The transactions, were disclosed in a Form 4 filing with the Securities and Exchange Commission.
On July 24, Huang sold 13,798 shares at a weighted average price of $172.0758, 34,909 shares at $172.8449 and 26,293 shares at $173.571. On July 25, he sold 46,701 shares at a weighted average price of $173.657 and 28,299 shares at $174.2598. On July 28, Huang sold 36,083 shares at a weighted average price of $174.8635, 33,967 shares at $175.4397 and 4,950 shares at $176.3777.
Following these transactions, Huang directly owns 73,898,225 shares of NVIDIA CORP. He also indirectly owns millions of shares through various trusts, partnerships, and limited liability companies. These include 582,503,470 shares held by the Jen-Hsun & Lori Huang Living Trust, 49,489,560 shares held by J. and L. Huang Investments, L.P., and other holdings through irrevocable trusts and limited liability companies.
The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, adopted on March 20, 2025.
In other recent news, Reka AI has successfully raised $110 million in a new funding round, significantly increasing its valuation to over $1 billion. This funding was supported by prominent investors, including Nvidia and Snowflake (NYSE:SNOW), marking a substantial growth from its previous valuation of approximately $300 million. Meanwhile, Elon Musk’s artificial intelligence startup xAI is seeking to secure up to $12 billion for its expansion plans. This fundraising effort is being coordinated by Valor Equity Partners, with Antonio Gracias leading discussions with lenders.
In another development, Nvidia has faced challenges as over $1 billion worth of its advanced AI chips were reportedly smuggled to China following tightened export controls. The chips, specifically the high-end B200 processors, are banned for sale in China but have found their way into the black market. On the technology integration front, Microvision (NASDAQ:MVIS) announced that its MOVIA lidar system is now supported on the NVIDIA DRIVE AGX platform, potentially enhancing its reach in the automotive sector. Similarly, Aeye’s Apollo lidar has been fully integrated into the same NVIDIA platform, providing direct access to a network of top-tier automakers. These integrations represent significant milestones for both Microvision and Aeye in the autonomous vehicle market.
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