On June 21st EST, Nvidia's stock price fluctuated significantly, opening at a significant decline of up to 4.95% and then rebounded to $130.63 before falling again, ending the day with a 3.22% decline and closing at $126.57. In the past two trading days, Nvidia has fallen 6.7% and its market cap has evaporated by $22.2 billion USD, which is equivalent to RMB 1.6 trillion. Nvidia's stock price has risen 155.62% since the beginning of this year.

According to the document disclosed by the Securities and Exchange Commission (SEC) on June 20th, USA Eastern Time, Nvidia CEO Huang Renxun (HUANG JEN HSUN) plans to sell 120,000 shares of common stock on June 21st. Based on the closing price, the total value is approximately $15,188,400.

The documents also showed that Nvidia's CFO Colette Kress sold about $12.7 million worth of stocks.

Including the shareholding reduction on June 21st, Huang Renxun has reduced his company's shares by a total of 600,000 shares in 5 trading days since June 13th, cashing out more than $79 million USD, which is equivalent to over RMB 570 million.

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