Nvidia shareholders sue both the executives of the same, as the CEO of the company Jensen Huang. All of this happened before shares in the company fell dramatically.
Executives and the CEO of the company sold millions of dollars in shares when their shares were sky high, just a month before they plunged. The shareholders have filed a class action lawsuit before them. We have to remember who did the exact same thing, the former CEO of Intel. Which sold its shares before the vulnerability problems that its processors have were known.
They themselves affirmed that they are masters in the management of the business and that they affirmed that the drop in sales of their graphics cards by the miners would not affect the company.
They had a gaming segment, which they shouldn't have had due to their high prices after Nvidia dropped demand when the cryptocurrency mining "fashion" passed.
“Estas representaciones tuvieron el efecto deseado, ya que los analistas mejoraron las acciones de la compañía y las acciones de Nvidia se negociaron en niveles récord.Al mismo tiempo, los ejecutivos senior de Nvidia comenzaron a vender cantidades significativas de sus acciones personales.Por ejemplo, el CEO Huang vendió 110.000 de sus acciones en Nvidia de propiedad personal durante el Período de la Clase, teniendo unas ganancias de más de dieciocho millones de dólares en ganancias para su bolsillo.
The worst of all is that the CEO of Nvidia made a lot of money and those who have now lost are investors. They themselves have seen their investments halved. Let's hope things improve with Nvidia, as Intel will launch its Graphics Cards and a very fat one can be built, leaving Nvidia without its monopoly.
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