Jensen Huang Is Selling Nvidia Stock Again. Should You Do the Same?
Jensen Huang, the founder and chief executive officer of Nvidia (NASDAQ: NVDA), has proved to be the company's loyalist of fans over time. First of all, he's still leading the tech giant after more than 30 years. Second, he initiated and went through the complex task of transforming Nvidia from a company serving up video game chips to a player that now dominates the artificial intelligence (AI) chip market. Finally, Huang now is shepherding Nvidia into its next stages of growth, moving forward into areas such as humanoid robotics and the use of AI in quantum computing.
That's why you might be surprised to learn that Huang just sold about $36 million in Nvidia stock, and this is after already selling $15 million last month. You might even wonder if this move by the biggest figure in the Nvidia story signals stock performance has gone too far -- and maybe it's time to sell. So should you follow Huang and drop some of your Nvidia shares? Let's find out.
Image source: Getty Images.
Source Fool.com
