Donald Duck reports on Nvidia CEO Jensen Huang selling a chunk of his shares, but don't worry, he's still richer than Scrooge McDuck's money bin!
Donald Duck reports on Nvidia CEO Jensen Huang selling a chunk of his shares, but don't worry, he's still richer than Scrooge McDuck's money bin!

What in the World is Going On Here?

Oh boy oh boy oh boy! Your pal Donald here reporting live from the financial swamp! Seems like that Jensen Huang fella the big cheese at Nvidia is quacking up the market! I just heard he sold a whoppin' 100,000 shares of his company’s stock! Can you believe it? That’s more than I've got feathers! According to some fancy pants SEC filing this all happened between Friday and Monday. What a dilly!

Fifteen Million Clams?!

And get this folks! This little dip into the dough is worth almost $15 million! That's enough to buy a whole fleet of yachts… or at least enough clams to fill a swimming pool! Apparently this is just the beginning! He's planning to sell up to 600,000 shares by the end of 2025! That's like emptying Scrooge McDuck's money bin one bucket at a time! "Oh it's gonna be good!" ...Or so I thought!

He's Still Rolling in the Green!

Now before you start feeling sorry for the guy hold your horses! He still owns over 800 million Nvidia shares! EIGHT HUNDRED MILLION! That's enough to make even Gladstone Gander jealous! And his net worth? A measly $126 billion! Pfft some people have all the luck! He’s only number 12 on the Bloomberg Billionaires Index. What a pity...

Déjà Vu All Over Again!

This ain't his first rodeo either! He apparently sold about $700 million worth of shares last year under some pre arranged plan. Pre arranged? Sounds fishy to me! Maybe he's planning a super secret getaway to Duckburg! “I'm so happy I could scream!” Except I’m screaming about something else…

AI is the Name of the Game!

So why is Nvidia so darn popular? Well ever since that ChatGPT thingamajig came out their GPU chips are hotter than a chili pepper! Everyone needs 'em for all that fancy artificial intelligence stuff. And even with some export control troubles they're still quacking all the way to the bank! Their stock is up 9% this year! What a bunch of show offs but oh well...

What Does This Mean for Us Ducks?

So what does all this mean for you and me? Well I’m not sure but I know this: If Jensen Huang ever needs a loyal (and slightly clumsy) assistant I’m available! I'm ready to ride the waves of success or sink into the depths of despair! WAK!!


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