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Nvidia Insiders Cash In $1 Billion as AI Frenzy Drives Stock to Record High
Nvidia Insiders Cash In $1 Billion as AI Frenzy Drives Stock to Record High
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BTCCSquare news:
Nvidia executives and insiders sold over $1 billion worth of shares in the past year, capitalizing on the AI-driven stock surge. June alone saw $500 million in sales as the chipmaker briefly became the world's most valuable company. CEO Jensen Huang's first sales since September followed a prearranged trading plan, with VerityData noting his strategic timing during the Q1 dip.
The stock's volatility reflects broader tech sector turbulence—U.S.-China trade tensions and competitive AI advancements from Chinese firms previously pressured valuations. Yet Nvidia's dominance in AI processors continues to attract institutional investors betting on sustained demand.
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