Jensen Huang, Nvidia Insiders Sell $1 Bil Worth of Shares
By Reuters | 29 Jun, 2025
A 60% Nvidia share price surge since April to new records prompts some insiders to trim their stakes.
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration
Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence, the Financial Times reported on Sunday.
More than $500 million of the share sales took place this month as the California-based chip designer's share price climbed to an all-time high, the report said.
Jensen Huang, Nvidia's chief executive, started selling shares this week for the first time since September, the SEC filing showed.
Nvidia's stock hit a record on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence.
Its latest gains reflect the U.S. stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology.
Nvidia declined to comment on the FT report.
Reuters could not immediately confirm the report.
Nvidia's shares have rebounded over 60% from their closing low on April 4, when Wall Street was reeling from President Donald Trump's global tariff announcements. U.S. stocks, including Nvidia, have recovered on expectations the White House will reach trade deals to soften the tariffs.
(Reporting by Devika Nair in Bengaluru; Editing by Kim Coghill and Mark Porter)
Its latest gains reflect the U.S. stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology.
Recent Articles
- Meta to Capture Employee Mouse Movements, Keystrokes for AI Training
- Judge Blocks Trump Policies Stymying Solar, Wind Projects
- Thousands of Companies File Refund Claims As Tariff Refund System Opens
- Volkswagen to Cut Another 1 Million from Annual Capacity
- China's Changan Aims to Join World's top-10 Carmakers by 2030
- Great Wall Motor to Launch 10 New Cars for European Comeback
- Taiwan Exports Orders Surge to Fastest Pace in Over 16 Years
- Many Americans Question Trump’s Temperament
- COVID Shots, Newer Vaccines in Limbo After Court Dinged Kennedy’s Advisory Panel
- China Targets $14.7 Trillion Services Sector by 2030
