Is it true that Nvidia's Jensen Huang is selling nearly $14 million worth of shares almost every day, or is it just a rumor?
According to news of individual stocks, $NVIDIA (NVDA.US)$ It is reported that the CEO has sold company shares worth millions of dollars.
In other words, Jen-Hsun Huang of Nvidia recently sold approximately0.25 billion shares worth 50 million dollars.This has become a topic of discussion because Nvidia is at the center of the AI boom and its stock price is rapidly rising.
It's not unreasonable for investors to worry that if the CEO sells so many shares, the stock price might drop.
Analysts are concerned that AI-related stocks, including Nvidia, may be overvalued now. The excitement around AI might be pushing the stock prices to unsustainable levels.
If that's the case, the stock price could drop significantly when the market adjusts.
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