The coming growth will be offset by the "incredible productivity" to come from reducing power grid waste, Jensen Huang says.

A trading plan adopted by Jensen Huang completed the sale of six million Nvidia shares earlier this month, finishing six months before expiration.

Huang’s net worth now stands at $108 billion, making him the 13th-richest person in the world, according to Forbes. The CEO has a roughly 3% stake in Nvidia, which makes up the majority of his net worth.

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Nvidia stock closed 4% higher on a report that CEO Jensen Huang is done selling shares. Huang raked in $713 million in total proceeds from the sales. He remains Nvidia's biggest shareholder. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview

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.

The chip maker’s chief executive revealed plans to sell millions of shares in the firm in an earlier regulatory filing.