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Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Tesla shares have a dangerous competitor – Nvidia

December, 26 2024
watermark Economic news

According to Vanda Research, Nvidia shares attracted record investments of almost $30 billion in 2024. This has made them the most popular among private investors.


As of the end of December, Nvidia shares are on track to overtake the popularity of Tesla shares, which were the leaders in 2023. «Nvidia kind of stole the show from Tesla because of the impressive price increase. The results speak for themselves,» said Marco Iacini, Senior Vice President of Vanda. 


However, as previously reported, Nvidia shares fell by 2.55% on December 9 after the Chinese authorities announced the launch of an antitrust investigation into the company. 


Experts believe that Nvidia is «caught in the crossfire» of the battle for technological supremacy between the United States and China, as Washington has banned the company from selling advanced semiconductors to Chinese companies.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.