NVIDIA Director Sells $38 Million Stake, Still Holds Significant Shares

NVIDIA director Mark A. Stevens sold approximately 220,000 shares held in trust accounts on the open market on March 20, generating about $38.5 million (₩50 billion) in cash, according to a filing. Fellow director John Dabiri also disposed of several thousand shares on March 13 under a pre-established Rule 10b5-1 trading plan, raising roughly $550,000 (₩700 million). Despite these sales, both directors continue to hold direct and indirect stakes totaling tens of millions of shares.

NVIDIA has recently moved its next-generation AI GPU architecture—Blackwell-based B200 GPUs and the GB200 system—into volume production, expanding its supply of chips for training massive AI models. The company is also broadening its investment reach across the AI infrastructure ecosystem by committing about $2 billion to Nebius, a next-generation cloud infrastructure provider, to support AI data-center expansion.

As a leading U.S. semiconductor firm supplying AI accelerators for data centers, GPUs for gaming and professional markets, and system-on-chips for automotive and edge applications, NVIDIA ranks among the top in market capitalization on U.S. exchanges and is widely regarded as a primary beneficiary of the AI boom. Over the past few years, its AI accelerator products, including the A100 and H100, have met strong demand from cloud and Big Tech customers, driving both performance and valuation. The company is set to continue its growth trajectory with next-generation AI chips and large-scale investment initiatives.