Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.

The more than $200 billion rally came after Huang said the company’s customers are “emotional” and “tense” due to their desire for more of Nvidia’s high-tech products.

I’m in town to speak at Dreamforce, the annual gathering hosted by Salesforce that’s now being cast as the “largest AI event in the world. I

Nvidia CEO Jensen Huang is trimming his stake in the company. He's selling shares through a 10b5-1 plan, meaning the sales are pre-determined. Huang still owns more than $100 billion worth of Nvidia stock.