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Retail investors rushed to Nvidia On Monday, she signaled the support of Main Street for chip manufacturers despite the appearance of artificial intelligence from China who beat up his shares and caused Historical loss of $ 600 billion in market value.
Daily traders have bought more than $ 562 million in Nvidia shares on Monday, showing Vanda Research data deducted by total influx. This marked the record for daily net inflow in Nvidia, while investors mom and POP pulled their institutional colleagues, who were massively throwing supplies.
Purchase of individuals came while Nvidia suffered her biggest one -day loss, overturning about 17%From the beginning of the coeding pandemic in March 2020.
Monday came after the news that AI model from Chinese startup Deepsek achieved high performance cheaper and in far less time than western colleagues.
Development has caused suspicion of the US strategy of spending huge amounts on AI and data centers they need, just like President Donald Trump He announced last week AI project with multiple billion dollars called Stargate. A sudden increase in Deepseek also rang a alarm bells that America may not lead to AI technology, offering cold reminders of what some described as a “Sputnik moment” at dawn Space race.
Nvidia said CNBC On Monday, that Deepseek model was “Great Progress AI”. Deepseek’s offer reportedly surpassed the best Openi -and other American competitors, further taking care of the USA status AI.
For their part, however, individual investors were unobstructed. Vanda data show that the chip manufacturer was The most popular security by average investors to net 2024. – surpassing even even SPDR S & P 500 ETF TRUST (SPY)who follows S & P 500.
Showing the support of small retailers is the latest example of retail investors that are different from the monolithic Wall Street, as happened during Meme of stock of craziness This was fascinated by US markets during pandemic. The difference is that individuals cannot swing the price of Nvidia, with a market value on Tuesday close to $ 3 trillion, a way that could supply small limitations like a video game seller Gamestop Or a cinema chain AMC Four years ago.
Despite the difference in proportion, there were similar tones on Monday. Nvidia was the most famous stock on the popular Wallstreeetbets Reddit Forum In the past 24 hours, with mentioning more than 175%, while its shares descended, according to Quiver quantitative data from Tuesday morning.
One Reddit user published A photo of their position of Nvidia on the Wallstreebets Forum, entitled “In Huang We Trust”, reference to Nvidia Jensen Huang director. More said The movements on Monday were “classic excessive reaction” and “missed a bigger picture”.
