NVIDIA Executives Offload Shares Amid Delayed Chip Launch and AI Investment Concerns

NVIDIA insiders have liquidated over $1.8 billion worth of shares this year, with signs indicating further sell-offs. As per data compiled by Washington Service, the company's executives and directors have offloaded nearly 11 million shares in 2024, marking it the highest sell-off year since 2020, after accounting for stock splits. However, this figure represents a negligible fraction of NVIDIA's 24.5 billion outstanding shares.

Investor unease has been stirred by NVIDIA's decision to delay the delivery of its Blackwell chips. Furthermore, questions linger about the long-term sustainability of tech companies' heavy investments in artificial intelligence. The insider selling trend at NVIDIA appears to be ongoing, with CEO Jensen Huang recently finalizing a plan to sell 6 million shares. Additionally, director Mark Stevens, who has already sold 1.6 million shares this year, has revealed plans to dispose of another 3 million shares.