Would you like to receive notifications on latest updates of the following headlines?

Retail Investors Drive Heavy Trading Activity in Tesla, NVIDIA, and Advanced Micro Devices

POSTED ON July 13, 2024 •   Technology      BY Abiodun Saheed Omodara
Nvidia and AMD logo l Credit:tipranks

In recent months, retail investors have been actively trading securities of technology and automotive companies such as Tesla, NVIDIA, and Advanced Micro Devices, contributing to heightened trading volumes and increased volatility in the market.

Tesla, the electric vehicle manufacturer and leader in autonomous driving technology, has been a standout favorite among retail investors.

With its innovative approach to sustainable transportation and ambitious growth plans, Tesla's stock has seen significant interest from individual investors looking to capitalize on the future of mobility.

Similarly, NVIDIA, a prominent player in the graphics processing unit (GPU) and artificial intelligence markets, has also attracted a large following of retail traders.

The company's cutting-edge technology and strong performance in sectors like gaming and data centers have positioned it as a top choice for investors seeking exposure to the rapidly evolving tech industry.

Advanced Micro Devices (AMD), a leading semiconductor company known for its CPUs and GPUs, has seen a surge in trading activity driven by retail investors.

With a growing demand for its products in various markets, including gaming and data centers, AMD has become a popular choice for individual investors looking to ride the wave of semiconductor growth.

The increased interest from retail investors in these companies has led to heightened levels of trading activity, with Tesla, NVIDIA, and AMD seeing significant fluctuations in their stock prices in recent months.

As individual investors continue to play a more significant role in the market, the influence of retail trading on these companies' stock performance is expected to remain a key factor to watch in the coming months.

READ ALSO
NITDA Partners Afrovision technologies to bridge job gap for Nigeria’s Tech Talent
BY Abiodun Saheed Omodara April 3, 2025 0

In an effort to tackle the ongoing challenge of job placement for Nigeria’s expanding tech tal...

READ ALSO
OpenAI valuation hits $300 billion after SoftBank-led fund
BY Abiodun Saheed Omodara April 2, 2025 0

The Japanese telecommunications company, alongside a group of investors, has recently announced yet...

READ ALSO
Nigeria set to lead in smart mobility with AI speed train initiative
BY Abiodun Saheed Omodara March 26, 2025 0

The Ogun-Guangdong Free Trade Zone (OGFTZ) and China’s Zhongguancun Infogu Asset Management Co...

READ ALSO
Federal ministry launches consultation for Nationwide Fiber Network initiative
BY Abiodun Saheed Omodara March 26, 2025 0

In anticipation of the deployment of 90,000 kilometers of fiber optic cables scheduled for the fourt...

READ ALSO
NDPC launches investigation into TikTok, Truecaller data breaches
BY Abiodun Saheed Omodara March 21, 2025 0

Nigeria Data Protection Commission (NDPC) has commenced an investigation into alleged data breaches...

READ ALSO
Transforming Nigeria's Gaming Landscape: GamrLab opens training center in Lagos
BY Abiodun Saheed Omodara March 21, 2025 0

LAGOS, Nigeria - A new center for video game development and esports training established by GamrLab...

READ ALSO
Meta launches Llama grant to empower African startups, researchers
BY Abiodun Saheed Omodara March 20, 2025 0

The social media giant Meta, in partnership with Data Science Africa, has introduced the Llama Impac...

READ ALSO
Bridging Digital Divide: USPF plans 1,000 base stations for underserved communities
BY Abiodun Saheed Omodara March 19, 2025 0

In a bid to enhance connectivity across the nation, particularly in rural regions, the Universal Ser...

OUR CHANNELS:

Lagos faces severe traffic chaos as Independence Bridge repairs begin after Sallah holiday
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, NIGERIA - Lagos residents faced a challenging situation yesterday as they returned to work fo...


FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...


U.S. shows highest anxiety over AI Job loss amidst technological advancements
BY Abiodun Saheed Omodara April 3, 2025 0

Despite its advanced status, research indicates that the United States of America (USA) has the high...


Bayelsa communities threaten to halt oil production over security contract dispute
BY Abiodun Saheed Omodara April 3, 2025 0

BAYELSA, Nigeria - Nigeria’s struggling oil output may be on the brink of another crisis as co...


NITDA Partners Afrovision technologies to bridge job gap for Nigeria’s Tech Talent
BY Abiodun Saheed Omodara April 3, 2025 0

In an effort to tackle the ongoing challenge of job placement for Nigeria’s expanding tech tal...


Falana advocates for accountability and rule of law
BY Abiodun Saheed Omodara April 3, 2025 0

Human rights Lawyer, Femi Falana (SAN), has called on Nigerians to seek accountability from their le...


FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...


OpenAI valuation hits $300 billion after SoftBank-led fund
BY Abiodun Saheed Omodara April 3, 2025 0

The Japanese telecommunications company, alongside a group of investors, has recently announced yet...


Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 3, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...


Nigeria imposes N20m fine, 10-Year Jail Term for Ponzi scheme offenders
BY Abiodun Saheed Omodara April 2, 2025 0

The Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi scheme...


More Articles

Load more...

Menu