Retail Investors Pour $1.6 Billion Into Nvidia During Scandal Selloff, Then Post Record Opening Bid on Huang Exit

Individual investors leaned hard into NVDA as the Jensen Huang scandal unfolded. According to figures shared by The Kobeissi Letter, retail traders bought $590 million of Nvidia stock on Monday, November 9, $730 million on Tuesday, the largest single day since March, and $300 million on Wednesday, about $1.6 billion in three sessions and the most in at least 12 months. The same post reported 3-day inflows of $401 million into the leveraged NVDL fund and $64 million into NVDU, the biggest weekly intake for each since November 2025 and February 2026, respectively.

The buying intensified when the board announced Huang's resignation on Thursday, November 12. Vanda Research found retail investors made a net purchase of $111 million in the first 30 minutes of regular trading, the biggest opening on record and more than 40 times a normal start; on Kobeissi's figures that net total reflected $455 million of buying against $345 million of selling. Vanda said Nvidia took 61% of all retail buying in U.S. stocks and ETFs that week, calling it "very much a one-way flow story for retail".

The stock opened sharply lower, falling as much as 14% to its lowest level since June 2025, about 38% below its October record, before recovering to close down about 4%. Reuters reported that retail buyers helped limit the rout. Board chair Harvey Jones and interim CEO Colette Kress now lead the company, and Goldman Sachs analyst James Schneider called the exit a "meaningful, but measured negative for the stock".

Yahoo Finance noted that history urges patience after shocks like this, quoting a technician who wants to see a close above the five-day moving average near $175 before calling a bottom. Nvidia reports fiscal third-quarter results on Tuesday, November 17, which will test whether dip buyers or the sellers who drove the stock lower have the better read.