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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