"Nvidia Insiders Cash In on AI Chipmaker's Soaring Stock with Multi-Million Dollar Sales"

Nvidia insiders, including director Tench Coxe and billionaire venture capitalist Mark Stevens, have sold millions of dollars worth of shares as the company's stock continues to soar, with Coxe making $170 million from selling 200,000 shares. Despite concerns of a potential bubble, Nvidia's stock has surged over 90% in 2024, driven by optimism around its AI chips used by major tech companies, leading some analysts to predict further gains while others remain cautious.