June 30, 2025 – Major Tech News Roundup: AI Races, 5G Advances, Big Tech Deals & More
Nvidia’s meteoric stock rise – fueled by frenzied investor enthusiasm for artificial intelligence – has prompted company insiders to sell more than $1 billion worth of shares in the past year reuters.com. Over half a billion dollars of those stock sales occurred just this month as Nvidia’s share price hit record highs reuters.com. Even CEO Jensen Huang joined in, selling stock for the first time since late 2023 according to SEC filings reuters.com. The sales coincided with Nvidia briefly becoming the world’s most valuable company by market capitalization, after an analyst touted a “Golden Wave” of AI driving its prospects reuters.com.