Nvidia CEO Jensen Huang Sells $500 Million in Stock Ahead of Market Decline

Huang's strategic sales, part of a pre-determined plan, helped mitigate losses as Nvidia shares fell 20% in recent weeks.

Huang's stock sales in July alone totaled $323 million, with nearly $500 million sold over the summer.
The sales were part of a Rule 10b5-1 trading plan filed in March, ensuring compliance with insider trading laws.
Nvidia's stock has dropped about 20% over the past month amid broader tech sector volatility.
Other Nvidia executives, including the CFO and EVP of operations, also disclosed similar trading plans.
Despite the sales, Huang's net worth has decreased from $119 billion in June to $88.4 billion.