Nvidia Executives Sell Over USD 1 Billion in Shares Amid AI-Driven Stock Surge
- tech360.tv
- Jun 30
- 1 min read
Nvidia insiders have sold more than USD 1 billion worth of company shares over the past year, with over USD 500 million of those sales occurring in June, according to a Financial Times report.
The surge in stock sales comes as Nvidia’s share price reached an all-time high, driven by growing investor enthusiasm for artificial intelligence technologies.
Chief Executive Jensen Huang resumed selling shares this week for the first time since September, according to a filing with the U.S. Securities and Exchange Commission.
Nvidia’s stock hit a record high on Wednesday, helping the company reclaim its position as the world’s most valuable firm. The rally followed an analyst’s prediction that Nvidia would benefit from a “Golden Wave” of AI growth.
The company’s recent gains reflect renewed investor interest in AI-related stocks, which have seen significant growth in recent years due to optimism about the technology’s potential.
Nvidia’s share price has rebounded more than 60% since its April 4 closing low. The earlier dip followed global tariff announcements by former U.S. President Donald Trump, which had rattled Wall Street.
The recovery in Nvidia’s stock is part of a broader market rebound, as investors anticipate trade agreements that could ease tariff pressures.
Nvidia insiders sold over USD 1 billion in shares in the past year
More than USD 500 million in sales occurred in June alone
CEO Jensen Huang resumed stock sales this week
Source: REUTERS
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