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NVIDIA's shares hit an all-time high today, right at the time CEO Jensen Huang's latest stock-selling plan started coming into effect. The shares touched $153.19 today to set a new record for a firm that has faced a tumultuous journey on the stock market. NVIDIA's stock lost close to $600 billion in January during the DeepSeek selloff after investors questioned whether the demand for its AI GPUs would be sustained in the wake of purported data showing efficient use. Huang disclosed a new 10b5-1 plan last month under which he could sell more than $800 million of NVIDIA's stock by the end of this year.
NVIDIA Stock Finally Reclaims Pre-DeepSeek Selloff High As It Sets New All-Time High
According to Huang's SEC filings, he started selling his shares earlier this month. The first transaction occurred on the 20th, and it saw the NVIDIA CEO sell $7.2 million in stock by offloading 50,000 shares. The next transaction occurred on the 23rd and allowed Huang to rake in $7.1 million by selling a similar number of shares.
NVIDIA's shares have gained 3.8% today and crossed the all-time high price of $153.19. Year-to-date, the stock has gained 10.9% after having dipped by 31.8% at it early April bottom after the Liberation Day tariff announcements. Throughout 2025, the stock has been driven by AI demand, humanoid robots and NVIDIA's troubles with the US government which have forced it to continuously adapt its strategy for selling advanced AI chips to China.
Today's share price rise comes after several hedge funds started to note that NVIDIA appeared to have exhausted all bearish catalysts. Mizuho analyst Jordan Klein shared recently that his buy-side meetings indicated that investors believed NVIDIA was set up well for its upcoming earnings report in August. He added that hedge funds were "wondering what is keeping the stock from breaking out given all the news flow sounds super good as of late."
Today's run also appears to have been influenced by Loop Capital's bullish take. Loop Capital set a $250 share price target for NVIDIA's shares, a street high to imply an unbelievable market capitalization of $6 trillion. NVIDIA's current market capitalization is roughly $3.75 trillion, placing it above Microsoft's $3.65 trillion and Apple's $3 trillion. The metric driving Loop Capital's bullishness is $2 trillion of estimated GPU spending by 2028 to allow GPUs to represent as much as 60% of global compute capacity.
For his part, NVIDIA CEO Jensen Huang appears to have timed his share sales rather well. For the current three-month period, Huang has sold the stock twice. The sales are part of a plan he adopted in March through which the CEO could sell as much as 6 million of NVIDIA shares. NVIDIA's CEO sold roughly $700 million in stock in 2025. The meteoric rise of NVIDIA's shares, which have gained an unbelievable 1.579% over the past five years, has made Huang one of the richest people in the world, with a net worth estimated at $126 billion.
About the author: Ramish is a seasoned technology writer and editor with more than a decade of experience. He specializes in semiconductor fabrication and market analysis. With a background in finance and supply chain management - via his bachelors in Finance and a micromasters in supply chain management from MIT - Ramish combines financial rigor with deep industry insight to deliver accurate and authoritative coverage.
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