Nvidia Corp's Chief Executive Officer Jensen Huang has completed a massive pre-planned stock sale, offloading more than $1 billion worth of the chipmaker’s shares since June.This massive stock liquidation, which reportedly wrapped up with a final sale of 25,000 shares on Friday, fulfilled a plan Huang adopted in March to sell up to six million shares by the end of this year.The stock Huang sold was initially valued at $865 million when the sales began in late June. However, driven by “unquenchable demand” f ...

The final sale of 25,000 shares, reported Friday, wrapped up an arrangement adopted by Huang in March to unload as many as 6 million shares by year-end. The stock was worth about $865 million when he started selling in late June, but has climbed over 40% since then amid unquenchable demand for The Santa Clara, California-based company became the first to reach $5 trillion in market value Wednesday after announcing a flurry of new partners, just four months after it cracked the $4 trillion threshold. It has ...

Nvidia was on the verge of becoming the first company worth $5 trillion on Tuesday after the heavyweight chipmaker said it had $500 billion in bookings for its artificial intelligence processors and t... ...