Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at approximately $12.94 million, according to a new SEC filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company.

With help from a longtime Silicon Valley investor turned White House insider, Mr. Huang got the administration to reverse course on restrictions.

As America and China swap shots in the trade battle served up by Donald Trump, Mr Huang has pinged and ponged between Washington and Beijing to reassure both sides it is in their mutual interest to let his company keep selling some of its artificial-intelligence ( AI) chips to Chinese buyers.