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A Financial Times report on Sunday revealed that insiders at Nvidia have cashed in over $1 billion from the company's stock over the past 12 months, with more than half of that amount realized this month alone. Jen-Hsun Huang, the visionary founder and CEO of Nvidia, has significantly reduced his stock holdings multiple times this month, pocketing tens of millions of dollars and intending to sell an additional 6 million shares within the year. This concerted effort by Nvidia's senior leadership to cash in on their stock holdings has been widely perceived as capitalizing on the AI boom's surge in value. While Huang's stock sales adhere to the guidelines of his previously disclosed stock sale plan, they have nonetheless sparked concerns in the market regarding his motives and corporate governance practices.
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