Retail investors pour record funds into Nvidia shares during steep market slide

Retail buyers poured a record 111 million dollars into Nvidia shares in the first half-hour of trading on Thursday. This heavy buying helped the stock reduce an opening loss of up to 14 percent down to about 5 percent. The rapid purchase of shares during the price drop shows that investor trust in artificial intelligence remains strong.

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This strong buying happens even though Nvidia lost more than 1 trillion dollars in market value over a period of five weeks and saw the departure of CEO Jensen Huang. When major tech stocks suffer large drops, small retail investors often step in quickly to buy shares at lower prices.