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(Original title: Huang Renxun "precisely" sold shares before the tech stock market plummeted, cashing out more than $320 million in July)

According to media reports,NvidiaCEOJen-Hsun HuangContinued to sell its holdings in the company's shares last month, just inTechnology stocksCashed out $322.7 million before the massive sell-off.

Including the Nvidia shares sold in June, Huang Renxun has cashed out a total of nearly $500 million in this round of artificial intelligence boom. If calculated from the beginning of 2020, he has sold a total of about $1.4 billion in stocks.

It should be noted that Huang Renxun's decision to sell shares in June and July was already disclosed in the "10b5-1" trading plan in March. The plan shows that he will continue to sell shares in August. In addition, Huang Renxun is not the only Nvidia executive who sold shares in July.

Board member Mark Stevens also sold about $125 million worth of stock, according to the filing, and Jay Puri, executive vice president of global business operations, sold about $10 million worth of stock.

Internal managers have cashed out more than $1 billion in stock since the beginning of the year. However, this figure is almost negligible compared to Nvidia's recent loss of market value. Currently, Nvidia's total market value is $2.47 trillion, and it once exceeded the $3 trillion mark last month.

As of the close of trading on Monday (August 5), NvidiaStock price plummetsThe stock price fell 6.36% to $100.45 per share, making it the worst performing company among the "Big Seven". The stock price once reached a low of $90.69 during the trading session, which was more than 35% lower than its historical high, but it still maintained a year-to-date increase of more than 100% at the close.

Analysts believe that Nvidia's recent plunge was mainly dragged down by some external factors, including unexpectedly weak U.S. employment data, lower-than-expected performance of other companies, seasonal market headwinds and the impact of the unwinding of yen carry trades.

Of course, Nvidia has some risks of its own, such as its expensive GPU products causing its tech giant customers to try to find alternatives.Zuckerberg, Pichai and others are reflecting on whether there is a problem of "over-investment".

Elliott Management, a well-known hedge fund, told investors last week that Nvidia is in a "bubble" and that the artificial intelligence technology that has driven the chip giant's rise is "overhyped."