• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Tech

Nvidia insiders dump more than $1 billion in stock, according to report

by
June 29, 2025
in Tech
0
Nvidia insiders dump more than  billion in stock, according to report
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025.

Mustafa Yalcin | Anadolu | Getty Images

Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a report from the Financial Times.

About $500 million worth of sales occurred over the last month as the market notched new highs and shook off geopolitical tensions that had rattled investors, according to the report. The stock is up more than 17% this year despite concerns over curbs limiting AI chip sales overseas and 44% over the last three months.

Securities filings revealed that the tech titan recently unloaded about $15 million worth of shares as part of his more than $900 million plan announced in March to sell up to 6 million shares through the end of the year. Huang’s net worth totals about $138 billion, placing him as 11th on the Bloomberg Billionaires Index.

Last week, the chipmaking giant hit a fresh record and rallied for five straight days following the stock sales and an annual shareholder meeting, where the CEO called robotics the biggest opportunity for the company after AI. That helped the chipmaker regain its seat as the most valuable company ahead Microsoft and Apple.

The FT article cited a report from VerityData, which noted that the jump in shares above $150 prompted the stock dump.

Last year, Huang unloaded more than $700 million in Nvidia shares as part of a prearranged plan.

A spokesperson for Nvidia declined to comment on the report.

Read the complete Financial Times report here.

Tags: Apple IncbillionBreaking News: MarketsBreaking News: Technologybusiness newsDumpEnterpriseInsidersMarketsMicrosoft CorpNvidiaNVIDIA CorpreportStockTechnologyThe EdgeWall Street
Previous Post

Ethereum Holding Above Key Support On Daily Chart — Eyes Set On Breakout | Bitcoinist.com

Next Post

Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

Next Post
Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Working-age Americans are struggling to pay for health care, even those with insurance, report finds

Working-age Americans are struggling to pay for health care, even those with insurance, report finds

October 28, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

June 30, 2025
Bitcoin To Rally To 4,000 As Bull Flag Pattern Forms – Analyst

Bitcoin To Rally To $144,000 As Bull Flag Pattern Forms – Analyst

June 30, 2025
“When is cancer political?” Medical researchers, patients decry Trump admin’s layoffs, budget cuts

“When is cancer political?” Medical researchers, patients decry Trump admin’s layoffs, budget cuts

June 30, 2025
Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

June 30, 2025

Recent News

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

June 30, 2025
Bitcoin To Rally To 4,000 As Bull Flag Pattern Forms – Analyst

Bitcoin To Rally To $144,000 As Bull Flag Pattern Forms – Analyst

June 30, 2025
“When is cancer political?” Medical researchers, patients decry Trump admin’s layoffs, budget cuts

“When is cancer political?” Medical researchers, patients decry Trump admin’s layoffs, budget cuts

June 30, 2025
Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

Indus Tower Breaks Month-Long Consolidation, RSI Supports Bullish Move

June 30, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

June 30, 2025
Bitcoin To Rally To 4,000 As Bull Flag Pattern Forms – Analyst

Bitcoin To Rally To $144,000 As Bull Flag Pattern Forms – Analyst

June 30, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.