Nvidia insiders dump more than $1 billion in stock, according to report
Summary
Nvidia insiders sold more than $1 billion in stock over the past year, according to a Financial Times report. Roughly $500 million in shares changed hands in the last month as Nvidia stock hit new highs. The report says the sales included a recent $15 million sale tied to a prearranged plan announced in March. Nvidia stock has continued to climb despite export concerns, and the company recently regained the title of most valuable company. The article also notes that CEO Jensen Huang highlighted robotics as Nvidia’s biggest opportunity after AI.
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