Nvidia Rejoins $3 Trillion Club as CEO Jensen Huang Completes $713 Million Stock Sale

Nvidia's stock rises on news of Huang's completed sales and positive AI market forecasts.

Nvidia's stock has climbed back to a $3 trillion market cap, driven by investor optimism and AI market growth projections.
CEO Jensen Huang has completed his planned sale of 6 million shares, totaling $713 million, but remains the company's largest shareholder.
Shares of Nvidia have surged over 150% year-to-date, despite recent fluctuations and competitive pressures in the AI chip market.
Industry reports predict unprecedented levels of investment in AI infrastructure, further boosting Nvidia's market position and stock value.
The upcoming ramp-up of Nvidia's new Blackwell architecture is expected to generate several billion dollars in revenue in the fourth quarter.