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.

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

Nvidia's share price has reached an all-time high, prompting insiders including CEO Jensen Huang to sell stocks worth $1 billion.