Nvidia CEO huat big big after cashing out 169m....dun miss the boat. HENG Ong Huat lah :)

[k1976]

Nvidia CEO Cashes in on Rally With $169 Million Share Sale​

• It’s the most he’s netted in a month thanks to stock surge
• The sales were part of a trading plan adopted in March

Jensen HuangPhotographer: Annabelle Chih/Bloomberg
By Biz Carson
July 4, 2024 at 12:23 AM GMT+8
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Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.

The sale of 1.3 million shares, his first of the year, came during a month when Nvidia’s market value rose above $3 trillion for the first time. That briefly made it the world’s most valuable company and pushed Huang, 61, into the rarefied group of ultra-rich with fortunes above $100 billion.
Have a confidential tip for our reporters

 

[k1976]

CHIPS | INSIDE SCOOP

Nvidia CEO Jensen Huang Sold $95 Million of Stock. Other Chip CEOs Are Selling.​

Nvidia stock has rocketed 156% so far in 2024, and Jensen Huang has been selling stock through a trading plan. His peers are also selling.​

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By

Ed Lin
Updated June 24, 2024 9:35 am ET / Original June 24, 2024 3:00 am ET

Nvidia CEO Jensen Huang’s net worth has soared along with the share price of his company.

I-HWA CHENG/AFP VIA GETTY IMAGE
Nvidia stock has rocketed 156% so far in 2024, and founder, president, and CEO Jensen Huang has been selling stock through a trading plan. He’s the top seller among chip CEOs who have seen shares soar past the S&P 500. Micron Technology , Qualcomm , and Coherent have also seen their top executives selling shares into strength.

In the past week, Nvidia became the world’s most valuable public company, and Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. He sold the shares through a so-called rule 10b5-1 trading plan adopted on March 14, and now owns 80.7 million Nvidia shares in a personal account, according to a form he filed with the Securities and Exchange Commission. Huang owns another 605 million Nvidia shares through a trust, 49 million shares through a partnership, and 132 million shares through trusts.

 

[k1976]

Micron CEO sells over $5 million in company stock​

Published 06/21/2024, 06:06 PM



Micron CEO sells over $5 million in company stock

MU
3.19%

Micron Technology Inc (NASDAQ:MU)'s CEO and President, Sanjay Mehrotra, executed a series of stock transactions involving the company’s shares, according to a recent SEC Form 4 filing. The transactions, which took place on June 18, 2024, included the sale of Micron stock totaling over $5.2 million.

The CEO sold a total of 31,954 shares of Micron Technology Inc (NASDAQ:MU) at prices ranging from $151.75 to $156.83, resulting in an aggregate sale value of approximately $5,220,618. These sales were executed in multiple transactions at different prices.

On the same day, Mehrotra also exercised options to acquire 34,284 shares of common stock at a price of $28.20 per share, amounting to a total transaction value of $966,808. Following these transactions, the CEO still held a substantial number of shares in the company.

 

[jw5]

He should take some of the $169 Million and hire a world class Mandarin tutor.

 

[k1976]

Applied Materials CEO sells over $98 million in company stock​

Published 06/20/2024, 06:53 PM



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AMAT
1.02%

Applied Materials Inc (NASDAQ:AMAT) CEO Gary Dickerson recently sold a significant number of shares in the company, as per the latest Form 4 filing with the Securities and Exchange Commission (SEC). On June 18, 2024, Dickerson sold a total of 399,000 shares of Applied Materials' common stock, with the transactions amounting to over $98 million.

The shares were sold at weighted average prices ranging from $246.00 to $246.99 for one batch of 376,015 shares and from $247.00 to $247.20 for another set of 23,985 shares. These sales were executed in multiple transactions, and the prices reported are averages. The exact number of shares sold at each price within the reported ranges can be provided upon request.

Following the sale, Dickerson still holds a substantial number of shares in the company, totaling 1,542,269 shares. It's worth noting that the total number of shares includes 527,339 performance share units and restricted stock units that are expected to convert into common stock upon vesting at future dates, subject to certain conditions including continued employment and achievement of performance goals

 

[k1976]

https://sg.news.yahoo.com/finance/news/details-emerge-office-affair-led-155716579.html

New details emerge on the office affair that led to Intel CEO Brian Krzanich's surprising resignation on Thursday (INTC)​

Becky Peterson
Updated 23 June 2018

Brian Krzanich Brandee Krzanich
Scott Olson/Getty Images

• The office affair which sparked Intel CEO Brian Krzanich's surprise resignation on Thursday started a decade ago and ended before he became CEO in 2013, The Wall Street Journal reported.
• That relationship was with a woman who still works at Intel, the report said.
• Krzanich announced his resignation after the affair, a violation of company policy, was reportedly brought to the attention of the corporate counsel on June 14.

 

[k1976]

https://www.tradingview.com/news/in...ut-the-alarming-signs-investors-can-t-ignore/

More Big Shot Sirs siam liao?

 

[k1976]

Is Intel the Next Dow Dropout? The Alarming Signs Investors Can’t Ignore.​

Jul 4, 202418:10 GMT+8

INTC+0.51%
Is Intel INTC underappreciated, or just underwhelming? Investors should be cautious when a stock fails to rally after positive news. Get the full story on troubled Intel stock before jumping in. We’re giving Intel a “D” grade and a vote of no-confidence.

Ask yourself a few questions before we dive into the details. Do you believe in cutting losses and letting profits grow? Would you classify Intel as a “winner” or “loser” in this case? Consider Intel as an investable business for H2 2024.

Putting Your Chips on the Wrong Chipmaker
On a year-to-date basis, it seems like practically every large-cap chipmaker stock is in the green except for Intel stock. This is the case despite what should have been a major catalyst for Intel.

Think about how excited Intel’s struggling shareholders must have been when, earlier this year, the U.S. government promised to give the company as much as $8.5 billion in grants.

This will reportedly come from funding earmarked in 2022’s CHIPS and Science Act.

 

[k1976]

Recap 1mth ago

https://www.google.com/amp/s/www.cn...ntel-ceo-talks-of-regaining-market-share.html

Intel wants to build 'everybody's AI chips,' CEO says, as company plays catch-up with rivals​

PUBLISHED WED, JUN 5 2024 3:14 AM EDT

Sheila Chiang
@SHEILACHIANG@IN/SHEILACHIANG
WATCH LIVE

KEY POINTS

• "We want to build everybody's chips, everybody's AI chips. We want them to be built leveraging the U.S. factories," CEO Pat Gelsinger told CNBC on the sidelines of the Computex tech conference in Taipei on Tuesday.
• Intel was the world's largest chipmaker until 2017 when Samsung surpassed it in revenue.
• "Xeon 6 was a big step forward in our competitiveness to not only hold on to our market, but regain some of those market share opportunities that we've lost," said Gelsinger, referring to its latest processor for data centers.

 

[k1976]

https://www.google.com/amp/s/amp.sc...nus-respected-and-mild-mannered-senior-vp-who

Apple Tim Cook also hinting....

 

[k1976]

https://www.datacenterdynamics.com/...nnink-retires-replaced-by-christophe-fouquet/

ASML just change CEO in Apr 24