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Top related persons:
Jensen Huang - 1 Huang - 1 Tench Coxe - 1 Coxe - 1 Hock Tan - 1 Tan - 1 Verity - 1 Richard Wallace - 1
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Washington Service - 1 Nvidia - 1 VanEck Semiconductor - 1 VerityData - 1 Broadcom - 1 YTD - 1 KLA Corp - 1 Texas Instruments - 1

Search resuls for: "Richard Wallace"


2 mentions found


☆ Chip company insiders sold a record $1.3 billion in stock during the third quarter
  + stars: | 2024-10-02 | by ( Nick Wells | ) www.cnbc.com   time to read: +3 min
Chip insiders have stepped up their sales of company stock this year as AI-driven demand for processing power has propelled the sector's outperformance. Huang remains Nvidia's largest individual shareholder with around 3.5% of company shares outstanding, according to data from FactSet. In all, NVDA insiders disclosed around $960 million in stock sales during the third quarter, according to data collected by VerityData. Overall, 177 chip company insiders sold stock in the third quarter, down from a recent high of 245 in Q2 of 2024, according to the Washington Service. They sold a collective 12.7 million shares in Q3, a slight increase from Q2 but just below the 13.6 million shares sold in Q1.
Persons: Jensen Huang, Huang, Tench Coxe, Coxe, Hock Tan, Tan, Verity, Richard Wallace, Bren Higgins Organizations: Washington Service, Nvidia, VanEck Semiconductor, VerityData, Broadcom, YTD, KLA Corp, Texas Instruments, SEC Locations: FactSet
☆ FTX pledged $600,000 to an anti-racist non-profit, but the money never arrived and Sam Bankman-Fried's father wrote to apologize
  + stars: | 2022-11-25 | by ( Pete Syme | ) www.businessinsider.com   time to read: +3 min
Sam Bankman-Fried's father offered anti-racist program EAT $600,000 on behalf of FTX. SBF's father told the charity he was "heartbroken," but was spending his money on his son's defense. Sam Bankman-Fried's father, Joseph Bankman, recommended programs that help close the racial wealth gap that he thought FTX should donate to. But when FTX filed for bankruptcy on November 11, Bankman wrote to Wallace to express his sadness that the money wouldn't come through. Bankman, Wallace, and FTX did not respond to Insider's request for comment.
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