Nvidia Directors Cash In On Stock Rally, Selling Millions In Shares
• Nvidia directors joined list of Big Tech insiders cashing in on “Magnificent 7” stock rally, filings show
• Director Tench Coxe sold 200,000 shares Tuesday and made $170 million
• Coxe acquired shares in 1997 for $0.82 before 1999 IPO
• Billionaire Nvidia board member Mark Stevens sold 12,000 shares valued at $10.2 million
• Nvidia shares up over 90% since start of 2024 on AI chip optimism, though some analysts warn of bubble