Why is Nvidia's CEO dumping millions in stock?

Amid concerns that the price of Nvidia (NASDAQ: NVDA) stock has reached its top and will not go any higher any time soon, the artificial intelligence (AI) chipmaking titan’s CEO Jensen Huang has continued to sell his company’s shares, surpassing $711 million in value since June.Indeed, Huang has sold another $25 million worth of Nvidia shares in a recent trading session, bringing last week’s total to over $78 million NVDA stocks sold, according to the observations shared by markets analytics platform Barcha ...