Retail Investors' Favorite: Nvidia 'Sucks' Nearly $30 Billion This Year

According to the latest statistics from financial data provider Vanda Research, Nvidia has replaced Tesla as the stock with the highest net buying volume among retail investors this year. This also means that the net buying of a single stock has exceeded the S&P 500 index ETF for the second consecutive year, reflecting that investors are still chasing the tech stock bull market. Compared to the traditional index fund representative, the S&P 500 index ETF, Nvidia's net inflow this year has nearly doubled, reaching $29.8 billion, which is almost 9 times that of 2021. Marco Iachini, Senior Vice President at Vanda, stated, 'It turns out that Nvidia has somewhat overshadowed Tesla because its price increase is impressive.'