Nvidia: DeepSeek Sell-Off Led Retail Investors to Buy $920M in NVDA
A situation that was driven by panicked Wall Street may have been an undeniable blessing for a host of investors. Indeed, Nvidia (NVDA) plummeted more than 17% to start the week due to the ongoing DeepSeek AI sell-off, and that led retail investors to buy a remarkable $920 million worth of the stock. The development showed that a plethora of investors bought the dip during the early-week crisis. Specifically, the arrival of an advanced and affordably created artificial intelligence language model from a Chinese startup led many to exit their positions. Ultimately, it cost Nvidia $600 billion in its market cap amid what was a record drop. Source: Fortune Also Read: Nvidia Planning Epic Comeback? Experts Say Stock Could Soar Nvidia DeepSeek Sell-Off Benefitted Retail Investors: Why Buying the Dip Could Pay Off The final week of January has certainly proved to be a tough one for Nvidia. The AI chipmaker struggled and has yet to regain its footing. Over the last 24 hours, the stock has dro...