US retail investors dive into tech stocks in response to DeepSeek selloff
Individual investors responded to the market selloff earlier this week triggered by concerns regarding a Chinese artificial intelligence startup by buying a wide array of technology stocks, according to data released by Vanda Research on Wednesday.
Retail Investors Bought Record Amount of Nvidia Stock in DeepSeek Rout
(Reuters) - Retail investors bought a record amount of Nvidia stock on Monday after concerns over a low-cost artificial intelligence model from Chinese startup DeepSeek stripped 17% off its shares, or $593 billion from its market value.
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It took some reading through the lines, but "cautiously optimistic" seems to be the takeaway with retail investors.
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