Retail Investors Retreat from Nvidia as Daily Purchases Plummet
Retail investors have sharply reduced their exposure to Nvidia, with daily buys collapsing from $444 million to just $75 million in a matter of days. The chipmaker’s shares now weigh on the broader market, accounting for over 7% of the S&P 500’s market cap despite a 5% monthly decline.
Goldman Sachs notes monthly inflows have cratered to $50 billion from $140 billion earlier this year, signaling fading retail enthusiasm. Citigroup analysts anticipate a consolidation phase after Nvidia’s 1,150% three-year rally, with CEO Jensen Huang’s upcoming GPU Technology Conference keynote seen as the next potential catalyst.