IG Data Shows Nvidia Buy Trades Jump 438%

UK and Irish retail investors increased their exposure to Nvidia, despite fresh uncertainty surrounding the company's chief executive, Jensen Huang.

The reaction extended beyond regular stock trading hours. 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.

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.

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.