US retail investor funds are flowing back into tech stocks. JPMorgan: Nvidia (NVDA.US) drew $834 million last week; memory chip stocks are in favor.
Zhito Finance APP has learned that a latest research report released by JPMorgan shows that as U.S. stocks enter October, retail investors' trading sentiment has begun to improve, and funds are flowing back into the technology sector, especially stocks related to artificial intelligence (AI), semiconductors, and memory chips. Although rising U.S. Treasury yields, geopolitical risks, and oil price volatility still keep the market cautious, retail fund flows have shown signs of recovery. Nvidia (NVDA.US) became the most favored stock among retail investors last week, with net buying reaching $834 million, while SanDisk (SNDK.US) and Micron Technology (MU.US) also ranked among the top buys.
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