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Huang Exit Fuels Nvidia Bulls As Retail Traders Buy $111M NVDA Stock In Minutes

By Kritika Mehta

The retail investors bought a record $111 million of Nvidia (NASDAQ: NVDA) stocks during the first 30 minutes of trading Thursday. The surge in buying was driven by a wave of uncertainty surrounding the outlook of chipmaker as the CEO, Jensen Huang, appears to be on the verge of leaving. But people invested in stocks…

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Semiconductor

A material, usually silicon, used to make the chips that process and store information in electronic devices.

Chips power everything from phones to cars, so their supply has become a strategic issue for governments.

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