Nvidia stock crash saw retail investors dump more than $900 million into the name
Posted: Jan 29, 2025
- Nvidia (NVDA) stock fell 17% losing nearly $600 billion in market cap due to competition from Chinese startup DeepSeek
- Retail investors bought the dip, investing over $920 million in Nvidia across two days
- Wall Street analysts agreed with retail investors, seeing the drop as a buying opportunity
- Concerns arose about DeepSeek's new AI model impacting Nvidia's future sales
- Analysts like Bernstein's Stacy Rasgon believe the sell-off was overblown and won't affect the AI infrastructure market
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