Jensen Huang sells over $49M in Nvidia stock as the company leads the AI chip market, powering industries from healthcare to automotive and global AI infrastructure.

Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at approximately $12.94 million, according to a new SEC filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company.

Nvidia CEO Jensen Huang sold 225,000 shares worth about $37 million as part of a prearranged trading plan, according to CNBC. Since starting stock sales this year, Huang has sold 1.2 million shares for around $190 million.