Nvidia Directors Cash In Millions in Stock Sales Amid AI Growth
• Nvidia board members recently sold millions in company stock, cashing in on a 27% price surge amid strong interest in the AI company
• Long-time Nvidia board members Tench Coxe, Mark Stevens, Mark Perry, and Harvey Jones each sold shares worth between $10M-$170M
• The directors still retain significant share stakes despite the sales; CEO Jensen Huang holds an approximately 3.5% stake worth $3B
• The sales come as other tech executives like Amazon's Andy Jassy and Meta's Mark Zuckerberg also recently unloaded shares
• Nvidia stock has soared recently to $887 per share due to intense interest in the company's AI chips and technologies