CEO Jensen Huang cashed in almost a million Nvidia (NASDAQ:NVDA) shares, about $152 million, near peak prices and still has over five million more lined up to sell. Nvidia just hit another record high at $165.69, and Huang’s Rule 10b5-1 plan has been steadily unloading shares at around $161.91 each since mid-June. It’s roughly 200,000…
2025-07-11T15:02:23Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Nvidia became the first $4 trillion company…
By Trevor Hunnicutt WASHINGTON (Reuters) -Nvidia CEO Jensen Huang will meet U.S. President Donald Trump at the White House on Thursday, a day before the chip designer’s head plans to visit China, according to a source familiar with the matter. The meeting with Trump comes as Nvidia’s market value closed above $4 trillion for the…
Nvidia Chief Executive Officer Jensen Huang is meeting with US President Donald Trump at the White House on Thursday, days before a planned trip to China by the head of the world’s most valuable chipmaker, according to people familiar with the matter. Details of what the two men would discuss were not immediately available, and…
Nvidia is reportedly planning to release a new artificial intelligence (AI) chip specifically for the Chinese market as early as September. This move coincides with CEO Jensen Huang‘s anticipated visit to China, where he is said to aim to reaffirm the company’s dedication to the country despite ongoing US export restrictions. How Nvidia’s new China-bound…
Nvidia (NVDA) on Wednesday became the first publicly traded company to hit the $4 trillion mark, surpassing fellow tech players including Microsoft (MSFT) and Apple (AAPL). The chipmaker’s stock price is up around 22% year to date and 24% over the past 12 months. Nvidia closed Wednesday’s session at a record high, up nearly 2%…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Nvidia’s ascent to a historic $4 trillion market cap, the first-ever…
Nvidia’s rise since the debut of ChatGPT in November 2022 has been stunning. Shares of the chipmaker—known mostly for gaming hardware prior to the AI boom—embarked on a dizzying rally since AI burst into public consciousness and sparked a frenzy for the tech among Wall Street investors. The stock has risen more than eightfold over…
Nvidia’s(NASDAQ:NVDA) B200 GPUs are selling faster than the company can make them. Wedbush’s Matt Bryson and Antoine Legault spent a couple of weeks in Asia and came back saying B200s are perpetually back-orderedeven though Nvidia is cranking up production. Interestingly, they’re prioritizing GB200s for the likes of supercomputing outfits, cloud builders and sovereign data centers,…
By Heekyong Yang SEOUL (Reuters) -Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia. The world’s biggest maker of memory chips is projected to report an April-June operating profit of 6.3 trillion won ($4.62…