Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a Financial Times report. About half of those sales occurred during the last month as the market notched new highs and shook off geopolitical tensions.

(Reuters) -Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence,

CEO Jensen Huang filed to sell as many as $900 million in shares in a preapproved plan in an SEC disclosure. However, taken together, senior management and board members will sell well over $1 billion in shares according to data from the same federal