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Senator Whitehouse sells up to $500K in Nvidia stock after 27,000% gain since 2016

Market News
03 Jun 2026
Finbold
View Source
Neutral
pluang ai news

U.S. Senator Sheldon Whitehouse disclosed selling up to $500,000 worth of Nvidia shares, which he held since 2016. The stock surged over 27,000% during his holding period, driven by Nvidia's leadership in AI hardware. The sale appears to be profit-taking from a long-term investment rather than a reaction to new company developments. While the transaction may raise questions about congressional stock trading, no wrongdoing or conflict of interest is indicated.

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