Nvidia's CEO selling stock raises concerns over future prospects, potential risks ahead for the tech giant.

From Nasdaq: 2024-06-25 04:40:00

Nvidia’s CEO sold $95 million worth of stock, raising questions about the company’s future. Despite high valuation and strong AI demand, there are concerns that AI investments may not deliver expected returns for companies. Nvidia’s reliance on TSMC for chip manufacturing and competition in AI programming software could pose risks to its dominance in the market. Investors should be cautious, considering potential challenges ahead for the tech giant.



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