Nvidia insiders dump more than $1 billion in stock: report

Core Insights - Nvidia insiders have sold over $1 billion in shares in the past year, with more than $500 million in sales occurring in the last month as the stock reached record highs [1][7] - Nvidia's stock has increased over 14% year to date and approximately 27% over the past year, with a five-year increase of over 1,543% and a market cap exceeding $3.8 trillion [2] Insider Sales - CEO Jensen Huang sold 100,000 shares worth around $15 million as part of a planned sale, allowing him to sell up to 6 million shares by the end of 2025, potentially earning over $900 million [5][6] - Other insiders, including board member Mark Stevens, sold $288 million in shares, while Nvidia's EVP of worldwide operations sold $25 million, and board members Tench Coxe and Brooke Seawell sold $143 million and $43 million respectively [7] Market Dynamics - Nvidia's stock rebounded after a setback earlier this year due to competition from a Chinese AI firm, DeepSeek, and faced challenges from export controls on advanced AI chips [10] - Despite these challenges, Nvidia's focus on AI and the growing demand for AI advancements have helped maintain its market momentum [10] Future Plans - Nvidia announced plans to manufacture AI supercomputers in the U.S., with advanced Blackwell chips to be produced in Arizona and AI supercomputers in Texas [11]