U.S. House Speaker Nancy Pelosi's husband sold his shares of chipmaker Nvidia (NVDA.O) on Tuesday, days before the House is expected to consider legislation providing subsidies and tax credits worth over $70 billion to boost the U.S. semiconductor industry.

In a periodic transaction report, the senior Democrat disclosed that her husband, financier Paul Pelosi, sold 25,000 shares of Nvidia for about $4.1 million, ending up with a loss of $341,365.

Paul Pelosi frequently trades shares of companies popular with many investors, including Apple (AAPL.O), Microsoft (MSFT.O) and other tech companies.

Transaction reports filed by Pelosi, a multi-millionaire, show her husband bought 5,000 Nvidia shares in July 2021, and that he exercised options to buy another 20,000 Nvidia shares last June.... Read More: Reuters