Nvidia insiders have sold more than $1 billion worth of company stock over the past year, according to a Financial Times report published Sunday.

A surge in artificial intelligence (AI) enthusiasm has driven the chipmaker's shares to record levels, prompting a spike in executive trading activity.

More than $500 million of those share sales occurred in June alone, as Nvidia’s stock hit all-time highs.

The California-based semiconductor giant has benefited from massive investor interest in AI technologies, driving a sharp rally in its share price.

Nvidia CEO resumes share sales

CEO Jensen Huang resumed selling shares this week for the first time since September, according to filings with the US Securities and Exchange Commission (SEC).

His trades come as Nvidia regained the title of the world’s most valuable company, following a market call that predicted the chipmaker would ride a “Golden Wave” of AI development.

The latest surge in Nvidia’s valuation reflects renewed momentum in the AI trade that has energized US tech markets. Analysts continue to point to Nvidia’s dominant role in supplying chips crucial to powering advanced AI models.

Stock rebound follows tariff-driven lows

Nvidia shares have rebounded more than 60% from their April 4 closing low. That dip came as global financial markets reacted to tariff threats from US President Donald Trump.

Expectations that the White House would soften its trade stance have since boosted chip stocks, contributing to Nvidia’s renewed ascent.

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