### NVIDIA Shareholders Sell Shares Worth Over One Billion Dollars
June 29
Source: Financial Times
The Financial Times reported that major shareholders in NVIDIA have sold shares worth more than one billion dollars since the beginning of the year, with increased trading activity amid growing investor interest in artificial intelligence.
Report Details:
- Stock Sales: Exceeded 500 million dollars this month, with NVIDIA's stock price reaching its highest levels.
- Disclosure Data: CEO Jensen Huang recently started selling his shares, marking the first step since September.
- Stock Surge: The stock saw a record increase on Wednesday, and NVIDIA regained its title as the largest company by market value after an analyst confirmed its ability to capitalize on the artificial intelligence trend.
Context:
The recent gains come amid a recovery in the U.S. stock market, which has seen "artificial intelligence trading" lead to significant increases in technology company stocks.
Note: No official comment has been issued by NVIDIA, and Reuters has not been able to verify the report so far.
