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Can Jensen Huang sell his $132 billion Nvidia stake?

Verified: 2 outlets have reported this story since Nov 15.

🕐 2h ago·2 outlets

Jensen Huang lost his job, but not his stock. Soon, investors may not be able to see him sell it. Nvidia's (NVDA) board accepted Huang's resignation on Nov. 11. He walks away from about $108 million in unvested stock awards, pocket change next to the roughly 812 million shares he keeps, worth about $132 billion at Friday's close. That makes him Nvidia's largest individual owner. When an insider sells, Wall Street sometimes reads it as a vote of no confidence in the company. When the founder of the world's most important AI chipmaker sells, the whole market can follow. "This is no doubt an…

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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Also reported by businesstimes.com.sg (found in GDELT's list of news articles)

57m ago
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Reliability
86%

Very high · How we score this

Risk Score
medium risk