Nvidia board members sell nearly $300M of AI chipmaker's surging stock
Nvidia’s board members collectively cashed in on nearly $300 million worth of holdings in the $2 trillion artificial intelligence giant so far this year, reaping the benefits of the company’s recent stock surge.Longtime Nvidia board member Tench Coxe — the former managing director at California-based venture capital investment firm Sutter Hill Ventures — sold 200,000 shares on March 5 at $850.03 to $852.50, according to a regulatory filing.The transaction marks a windfall as high as $170.5 million for Coxe, ...