Retail investors bought record amount of Nvidia stock in DeepSeek rout
Posted: Jan 28, 2025
- Retail investors bought a record amount of Nvidia ($NVDA) stock on Monday
- Concerns over a low-cost AI model from Chinese startup DeepSeek led to a 17% drop in Nvidia's shares
- Retail investors purchased a net $562.2 million worth of Nvidia shares, the largest amount on record back to 2014
- In the last quarter, retail investors bought around $7.3 billion worth of Nvidia shares, almost half the peak in quarterly purchases in September 2024
- Global technology shares recovered slightly on Tuesday after the DeepSeek rout, but remained vulnerable as investors questioned the valuation and dominance of AI companies.
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