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Nvidia CEO controversy fails to deter dip buyers, nearly 90% of Saxo clients' trades are buys

Nov 12, 20:28

November 12, according to Saxo data, despite Nvidia CEO Jensen Huang being embroiled in controversy, investors are still actively buying the dip. From Monday to Wednesday, nearly 90% of Nvidia trades on the Saxo platform were buys, with trading activity 12 times that of any other stock on the platform.

However, Nvidia's stock price still fell further by 8.4% in pre-market trading on Thursday. Meanwhile, the company's board of directors is evaluating Jensen Huang's future. Saxo warns that investors may have underestimated the succession risk facing Nvidia, as there is currently no obvious candidate on the market to succeed Jensen Huang.

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