CEO Jensen Huang has sold stock several times this year as part of a program he established beforehand. It is part of a plan that allows him to sell 6 million shares this year. This week, he sold 75,000 shares worth $12.

Nvidia took a $4.5 billion write-off in its latest quarter on unsold H20 chips that it was unable to repurpose for other markets. If sales of these high-volume chips to China resume, a reversal of this write-off could boost earnings.

Limitations on the sale of semiconductors to China began in 2023 with the Biden administration, but in April, the Trump administration announced it was banning sales of the H20 chip. The fear, at the time,