The California-based GPU giant saw its market capitalization swell to $3.012 trillion last week, putting it briefly ahead of Apple and second only to Microsoft as the world's most valuable company.
According to investor site Barron's, a number of Nvidia executives are taking advantage of this to sell off some of their shares, including CEO Jensen Huang selling up to 600,000 shares worth an estimated $650 million.
These moves by Nvidia executives came ahead of a 10-for-1 split in Nvidia stock that took effect after the markets closed in the US last week.
Although the GPU maker reported record revenue of $26 billion for its fiscal Q1 2025, investors and analysts are uncertain about the company's ability to sustain such rapid growth rates.
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