UK and Irish retail investors increased their exposure to Nvidia on Monday (yesterday), despite fresh uncertainty surrounding the company’s chief executive, Jensen Huang.

London’s trading industry is coming home!

The reaction extended beyond regular stock trading hours. Finance Magnates previously reported that Nvidia’s perpetual futures contract on Hyperliquid fell 4.54% while Nasdaq was closed, as traders used alternative markets to gain exposure to the chipmaker.

IG Sees 432% Jump in Nvidia Buying Activity

Data from investing and trading platform IG shows that the number of clients buying Nvidia shares rose 432% compared with the average across the previous ten trading sessions, from 26 October to 6 November.

The increase came as AI-related stocks continued to face uncertainty following a recent market sell-off. Shares in the sector had recovered slightly after concerns over political opposition to data centre development weighed on investor sentiment. However, Nvidia faced renewed pressure following revelations surrounding Huang’s reported relationship with a suspected Chinese spy.

Huang Controversy Threatens Confidence in Wider Tech Rally

IG’s figures show that buying activity increased across several measures. The number of Nvidia buy trades rose 438% against the ten-day average, while the value of share purchases increased 427%.

Selling activity also picked up, with the number of sell trades rising 157%. However, buy trades outnumbered sell trades by more than seven to one, indicating that buying activity remained considerably stronger than selling.

Chris Beauchamp, Chief Market Analyst at IG, said: “Nvidia investors seem determined to buy the drama rather than run from it.” He said the number of clients buying shares “more than quintupled on Monday”, describing the activity as “a broad wave of investor confidence” rather than activity from a small group of traders.

However, Beauchamp warned that the controversy could affect the wider technology sector. “Any threat to his leadership risks shaking confidence not just in Nvidia, but in the wider technology rally,” he said.

This article was written by Tareq Sikder at www.financemagnates.com.Retail FXRead More

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