Semiconductor Shares Slid in Morning Trading, With Nvidia Falling over 4%

Tiger Newspress06-21

Semiconductor shares slid in morning trading. Micron Technology, Arm, Nvidia fell over 4%; Broadcom, Marvell, Qualcomm, AMD fell over 2%.

Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.

Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.

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Comments

  • Merdeka1981
    06-21
    Merdeka1981
    Keep selling and taking profits. That's how I'm going to get top quality stocks at a good discount. Go on, just keep heading down :)
  • AgentW
    06-21
    AgentW
    Tdy is also the triple twitching day where lots of options & futures expires... a drop is expected w the short covering - the exciting part is how market is going to close tonight! Perhaps it's time to keep $NVIDIA Corp(NVDA)$  on my watchlist since Mr Jenson is taking profit on the prices! 
  • Andrewinho
    06-21
    Andrewinho
    Great!! 👏👏👏👏👏👏👏
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