Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at approximately $12.94 million, according to a new SEC filing.

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Nvidia CEO Jensen Huang sold 225,000 shares worth about $37 million as part of a prearranged trading plan, according to CNBC.

The return of Nvidia's H20 chip is set to increase foreign chip imports in China, where Huawei has been gaining ground, analysts say.

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Huang has unloaded 1.2 million shares, totaling about $190 million, since he started selling stock this year, according to InsiderScore.

Nvidia said late on Monday that it is filing applications with the US government to resume sales to China of its H20 graphics processing unit, and has been assured by the US it will get the licences s ...