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Brigadier General Yahya Saree: The second operation targeted a military site in occupied Askalan with 2 UAVs
Brigadier General Yahya Saree: The third operation targeted a military site in occupied al-Naqab with one drone
Brigadier General Yahya Saree: The operations were carried out with 5 UAVs, with the first striking a sensitive target in occupied Yafa via 2 drones
Brigadier General Yahya Saree: Yemeni Unmanned Air Force launched 3 top-tier operations against 3 Israeli sites
Director of Al-Shifa Medical Complex in Gaza, Mohammed Abu Salmiya: A new Israeli massacre against the starved, with 37 starved palestinians killed and more than 270 wounded in less than two hours
Sheikh Qassim: No one should expect us to make peace or surrender
Sheikh Qassem: Anyone demanding disarmament today is effectively calling for handing over weapons to 'Israel'
Sheikh Qassem: We will not accept that Lebanon be annexed to 'Israel' even if the whole world unites for this, and we will not accept that it be taken hostage as long as there is a single living soul among us
Sheikh Qassem: Lebanon is facing an existential threat involving all its sects and regions
Sheikh Qassem: The continued occupation of the five sites is a prelude to expansion, and this is the plan that is sought to be achieved by stripping Lebanon of its power

Nvidia insiders sell over $1bln in stock amid AI-driven market surge

  • By Al Mayadeen English
  • Source: New websites
  • 29 Jun 2025 15:44
2 Min Read

Nvidia executives, including CEO Jensen Huang, sold over $1 billion in shares as the company’s stock hit record highs.

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  • Nvidia insiders sell over $1 bn.in stock amid AI-driven market surge
    People take a look at Nvidia's new products during the Computex 2025 exhibition in Taipei, Taiwan, Wednesday, May 21, 2025 (AP, File)

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.

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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.

Read more: Nvidia to build Taiwan’s first AI supercomputer with Foxconn, TSMC

  • Artificial Intelligence
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