Nearly every day for the past few months, Huang has sold Nvidia stock. For example, on Sept. 12 and 13, he sold about 200,000 shares, worth more than $20 million.

Chief Executive Jensen Huang recently explained. On Sept. 11 Huang presented at Goldman Sachs’s Communacopia + Technology Conference. He discussed Nvidia’s competitiveness, the Blackwell platform, Taiwan Semiconductor,

As the majority of Nvidia’s chip production comes from Asia, investors are worried about geopolitical risks that could hurt Nvidia’s delivery and revenue. Huang said Nvidia has the ability to switch to alternative suppliers as it has enough intellectual property.

Speaking to Salesforce CEO Marc Benioff on Wednesday, the Nvidia boss said businesses would encounter AI agents like new employees.

Chief Executive Jensen Huang must be getting this question a lot. He answered it on the company’s earnings call in late August, but his response wasn’t enough to sway Wall Street, as Nvidia shares NVDA headed lower after the report. Huang took another crack at the topic at a Wednesday morning Goldman Sachs event.

The more than $200 billion rally came after Huang said the company’s customers are “emotional” and “tense” due to their desire for more of Nvidia’s high-tech products.