Jensen Huang’s Nvidia exit clouds control of $135 billion stake
Why it matters: SEC filings show much of the holding is tied up in shared trusts with Lori Huang, limiting any quick stock sale.
Jensen Huang’s resignation from Nvidia has raised new questions about control of his vast stake in the chipmaker, with SEC filings showing that much of the family’s holding is shared with his wife, Lori Huang, through trusts and related entities. CNBC reported the couple has shared voting and investment power over hundreds of millions of Nvidia shares, while Huang directly owns a smaller separate stake. The trust structure could make any rapid disposal of stock harder, which lawyers told CNBC may reduce near-term pressure on the shares even as Nvidia faces a leadership crisis. The Business Times said the upheaval has also sharpened concerns in South-east Asia, where Huang had been a key face of Nvidia’s regional push.
Sources
- RepublikaTier 175% reliableRead →2 hours ago
- BloombergTier 180% reliableRead →Nov 11
- BBC News (World)Tier 185% reliableRead →10 hours ago
- The New York TimesTier 180% reliableRead →3 hours ago
- The Business Times (Singapore)Tier 180% reliableRead →15 hours ago
- CNBCTier 180% reliableRead →12 hours ago
- NPRTier 185% reliableRead →4 hours ago
- The Straits TimesTier 180% reliableRead →4 hours ago
- PBS NewsHourTier 185% reliableRead →3 hours ago
- AxiosTier 272% reliableRead →13 hours ago
- ABC NewsTier 275% reliableRead →7 hours ago
- The HillTier 270% reliableRead →4 hours ago