00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA has become the most bought stock by retail investors in 2024,
00:06with nearly $30 billion in net inflows from everyday traders.
00:10The AI chipmaker rivaled Tesla in retail investor interest, fueled by its dominance
00:14in artificial intelligence and a meteoric stock price increase of over 180% this year.
00:20Retail investors now allocate over 10% of their portfolios to NVIDIA,
00:24nearly doubling its weight for the start of the year.
00:26Analysts note that while retail inflows have cooled,
00:29NVIDIA's role in AI innovation keeps investor optimism high.
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