'Market Cap 4 Trillion Dollars' NVIDIA Stock Soars... Why Did Jensen Huang Sell?

[Financial News] NVIDIA, the only company in the world with a market capitalization of 4 trillion dollars, is expanding its size further.
On the 11th (local time), according to the New York Stock Exchange, NVIDIA's stock closed at $164.92, up 0.50% from the previous day.
With a four-day consecutive rise, the market cap increased to 4 trillion 22 billion dollars. The stock price once rose to $167.89 on that day.
NVIDIA surpassed 4 trillion dollars for the first time during trading on the 9th and exceeded 4 trillion dollars based on the closing price on the 10th.
This stock price rise is interpreted as being driven by expectations that NVIDIA can re-enter the Chinese market, where exports had been blocked for several months.
The British daily Financial Times (FT) reported on the 9th that NVIDIA plans to release AI chips exclusively for the Chinese market in September. Jensen Huang, the CEO, is expected to visit China next week to promise continued service.
NVIDIA has not been able to export to China for more than two months since the H20 chip, which had been produced for China, was blocked by U.S. export controls in May.
Jensen Huang, the CEO, stated that a sales loss of 8 billion dollars is expected for the May to July quarter.
Particularly, it is known that CEO Huang visited the White House the day before and met with President Donald Trump. This meeting took place for the first time in five months since the end of January.
Although the specific details of the discussion are not known, it is speculated that there might have been discussions on exports to the Chinese market, given that the meeting occurred before Huang's visit to China next week.
As the stock price is reaching new highs, CEO Huang sold additional shares.
According to the U.S. Securities and Exchange Commission (SEC) disclosure, CEO Huang sold 225,000 shares this month. The total amounts to 36.4 million dollars (50.2 billion won).
This sale is part of a plan to sell a total of 6 million shares by the end of this year. He also sold shares worth about 15 million dollars last month.
According to the Bloomberg Billionaires Index, despite the recent stock price rise, Huang's net worth increased to 143 billion 7 million dollars (197 trillion won), closely trailing Warren Buffett (144 billion dollars).
According to an analysis by the economic magazine Fortune, Huang's net worth is 143.7 billion dollars, surpassing Buffett (142.1 billion dollars).

going@fnnews.com Choi Ga-young Reporter