Nvidia ( NVDA -2.87%) stock jumped 17% in June, according to data provided by S&P Global Market Intelligence. It reported a phenomenal earnings report at the end of May, and that boosted investor confidence through June.

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.

For all the talk about how much more Nvidia can grow, it delivered a blowout report for the fiscal 2026 first quarter.