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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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Jen-Hsun Huang starts selling Nvidia shares, planning a value of $865 million.
According to Gate News bot, Bloomberg reported that Nvidia CEO Jen-Hsun Huang has begun selling shares of the chipmaker, marking his first transaction under a plan that allows him to sell up to $865 million worth of stock before the end of the year.
According to a document submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, Jen-Hsun Huang sold 100,000 shares of NVIDIA stock for a total price of $14.4 million between June 20 and June 23. Huang's sale is part of a new 10b5-1 plan implemented by NVIDIA in March, which was disclosed last month in NVIDIA's quarterly report.
According to the Bloomberg Billionaires Index, Jen-Hsun Huang is the 12th richest person in the world, with a net worth of $126 billion, almost entirely composed of Nvidia stock. According to the index's calculations, this CEO has sold more than $1.9 billion worth of Nvidia stock.