Swedish retail investors buy Nvidia dip after CEO scandal

Swedish retail investors are rushing to buy Nvidia shares after the stock fell sharply following a scandal involving CEO Jensen Huang, with 27,000 new unique shareholders added at Avanza since last Friday, a 25 percent increase. The stock dropped over 4 percent on Monday after news of Huang's affair with a suspected Chinese spy, then fell about 10 percent on Thursday when his resignation was announced, before closing down over 4 percent. Similar buying trends were seen at Nordnet, where customers with Nvidia positions rose from about 124,000 to 137,000 between Tuesday and Wednesday. Analysts suggest investors view the decline as an overreaction, believing Nvidia remains a strong AI-sector choice with intact growth prospects. However, they warn that buying during falls carries risks, as the stock could drop another 10-20 percent, and recommend purchasing in stages rather than all at once.