NVIDIA's Independent Director Sells Shares Amid AI Rally

NVIDIA Corporation (NASDAQ: NVDA) independent director John Dabiri sold 3,004 shares of NVIDIA common stock at $184.90 per share on March 13 under a pre-established Rule 10b5-1 trading plan, generating approximately $555,000 in proceeds (about KRW 750 million). After this sale, he still holds roughly 14,000 shares, which at the same price translates to a stake valued at around $2.7 million (approximately KRW 30 billion).

In its recently released fiscal 2026 fourth-quarter and full-year results, NVIDIA reported record revenue driven by AI demand in its data-center business and is committing trillions of won to expand its AI infrastructure. Notably, in the first quarter of fiscal 2026, the company announced equity investments of about $2 billion each in AI cloud partners CoreWeave and Nebius, accelerating the growth of its AI ecosystem.

Headquartered in Silicon Valley, NVIDIA is the global leader in GPUs and AI accelerators, supplying critical chips for autonomous driving, data centers, and cloud computing. John Dabiri, an engineer at Caltech and a member of NVIDIA’s board, leverages his science and engineering expertise to contribute to the company’s long-term strategy and governance.