(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang unloaded shares worth nearly $169 million in June, the most he’s netted in a single month, as insatiable demand for the chips used to power artificial intelligence drove the stock to fresh peaks.Most Read from BloombergUS Allies Say China Is Developing Attack Drones for RussiaChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysBiden Faces Mounting Pressure as Report Says He Is Weighing ExitZelenskiy Challenges Tr
Tesla stock extends gains after second-quarter deliveries at the electric-vehicle make beat expectations, while Paramount surges following a report it has reached a deal to merge with Skydance Media.
Over the past two weeks, the chip maker’s shares have fallen 7%. Mizuho Securities analyst Jordan Klein doesn't necessarily think that's a bad thing.