Nvidia is facing a scandal involving its chief executive, Jensen Huang, and the chipmaker's share price has fallen since the story emerged.
The drop has not deterred everyone. Investors have been buying Nvidia shares despite the controversy, taking the view that the fall is a chance to pick up stock at a lower price.
British buyers
One report says British investors are buying the dip on Nvidia at a record pace. The claim comes from a single outlet.
If accurate, it would suggest that UK retail investors, many of whom hold Nvidia through share-dealing accounts and pensions, are treating the sell-off as a buying opportunity rather than a warning sign.
Nvidia is among the most widely held technology stocks, and movements in its share price tend to be felt well beyond Silicon Valley. Funds and tracker products that hold large US technology companies typically carry exposure to the chipmaker.
The company
Huang has led Nvidia since he co-founded it, and his public profile is closely tied to the firm's. That link is one reason the scandal has drawn so much attention from the market.
Nvidia has been contacted for comment. How long the pressure on the share price lasts will depend on how the scandal develops and how investors respond to it in the coming days.
The market is split. Some holders have sold, while others are adding to their positions, betting that the fall will prove temporary.
Logo: Nvidia
