NVIDIA Director Sells 350K Shares at $176

NVIDIA Director Mark A. Stevens Sells Significant Stock Holdings

• Mark A. Stevens, a director at NVIDIA, sold 350,000 shares at $176.39 each, totaling approximately $61.7 million.
• In 2024, Stevens has sold over $400 million worth of NVIDIA stock.
• The sales are part of routine insider activity for Stevens, who has been with the company since 2008.
• NVIDIA stock has surged over 50% in the past year due to the AI boom.
• The company holds an estimated 80-90% share of the data center GPU market.
• NVIDIA’s market capitalization exceeds $4 trillion, driven by demand from tech giants like Microsoft and Google for AI infrastructure.

Mark A. Stevens’ recent sale of NVIDIA shares is part of his ongoing transactions throughout 2024, aligning with the company’s significant growth amid the AI boom and its dominant position in the data center GPU market.