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Cailianshe News, August 13 (Editor: Zhou Ziyi)Billionaire entrepreneur and Nvidia CEO Jensen Huang has been selling Nvidia stock every trading day this summer.

According to the latest documents from the U.S. Securities and Exchange Commission (SEC), Huang Renxun sold a total of 240,000 shares of Nvidia on August 8 and 9, cashing in $24.91 million.

The documents show that in August, Huang Renxun sold shares regularly on every trading day until last week. He sold 120,000 shares of Nvidia stock every day in the seven trading days from August 1 to August 9, cashing in a total of US$86.7652 million.

Cash out at high prices

In recent years, artificial intelligence technology has been driving the stock to continue to rise, with its share price peaking in June this year and reaching its second highest point in July. As a result, Huang Renxun sold $169 million of Nvidia shares at a high level in June, and then sold a record $322.7 million of shares in July.