"Nvidia Board Members Cash in $260 Million in Stock Amid Record Price Surge"

1 min read
Source: Fortune
"Nvidia Board Members Cash in $260 Million in Stock Amid Record Price Surge"
Photo: Fortune
TL;DR

Nvidia board members have been cashing in on the company's soaring stock price, with several insiders selling off millions of dollars worth of shares in recent weeks. Despite the sales, these board members still hold significant stakes in the AI chip developer, with CEO Jensen Huang holding about 86 million shares. The trend of executives selling off company stock extends beyond Nvidia, with notable figures like JPMorgan Chase CEO Jamie Dimon, Amazon founder Jeff Bezos, and Meta Platforms founder Mark Zuckerberg also making substantial sales.

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