NVIDIA surpassed Tesla with a net buying amount of $29.8 billion, becoming the most favored stock among retail investors in 2024.
NVIDIA's net inflow reached nearly twice that of SPY (S&P 500 ETF), growing nearly 9 times compared to 2021. Marco Iachini, Senior Vice President at Vanda, stated that NVIDIA has somewhat overshadowed Tesla, as its price increase is impressive.