Reported 4 days ago
Nvidia insiders have sold shares exceeding $1.8 billion in 2024, with more sales expected, as concerns grow over the company's delayed Blackwell chips and the sustainability of AI-related spending. CEO Jensen Huang has notably sold $713 million worth of shares since implementing a pre-arranged trading plan. Despite the substantial insider sales, experts suggest that such pre-planned transactions should not necessarily indicate pessimism about the company's future.
Source: YAHOO