By Amara Osei

Finnish private investors bought Nvidia shares on Monday even as the chip designer’s US shares fell more than 4%, with 94% of Nordnet Finland customers who traded the stock choosing to buy. Activity at Nordnet Finland rose fivefold from a normal trading day, and net purchases reached tens of millions of euros.

How much did Finnish investors trade?

Thousands of Nordnet Finland customers traded Nvidia on Monday, according to Jukka Oksaharju, Nordnet’s equity strategist. He said trading reached five times the normal daily level, while 94% of the customers who bought or sold the stock bought Nvidia rather than sold.

Oksaharju said: “We can talk about the unanimous position of Finnish private investors that this is now a temporary dip.” His assessment framed the purchases as a collective response to a temporary decline, not a retreat from technology and artificial intelligence stocks.

What prompted the Monday sell-off?

The pressure followed suspicions that information was being passed to China. Nvidia chief executive Jensen Huang acknowledged on Sunday that he had a relationship with a woman whom United States intelligence officials suspected of passing information to China.

Nvidia’s board launched an independent investigation, meaning an external review of the allegations, into the matter. In a statement, the board said it had confidence in Huang’s leadership and no reason to believe United States national security or Nvidia’s trade secrets (confidential commercial information) had been compromised.

Despite that assurance, Nvidia shares fell more than 4% on Monday in the United States, even as the broader chip sector rose. The public market therefore applied a discount to Nvidia while the company’s board publicly backed its chief executive.

Why did customers keep buying?

Oksaharju described technology and artificial intelligence as a phenomenon “even bigger than a megatrend” and said it was “not stopped by suspicions of espionage.” He said he found it a pleasure to see Finnish investors taking advantage of buying opportunities in the world’s leading artificial intelligence companies.

The investment logic was explicit: the espionage concerns centered on Huang’s relationship and a suspected information transfer, while the purchases expressed confidence in Nvidia’s place within advanced technology and artificial intelligence. A 94% buying ratio and fivefold trading volume show that Monday’s Finnish customer response was directional rather than balanced.

Oksaharju also said: “It has been worthwhile to be involved in technology and artificial intelligence, and especially in companies that are on the cutting edge of it.” His comments connect Monday’s unusual trading volume to a strategic view that frontier technology companies can absorb a short-term reputational shock.

What does the split market signal?

Two signals sit side by side: Nvidia lost more than 4% on Monday while the broader chip sector rose, and 94% of Nordnet’s participating Finnish customers bought the shares. The public market registered caution, while the private-investor group treated the decline as a temporary dip.

The disagreement does not resolve the independent investigation. The board has expressed confidence in Huang and said it had no reason to believe national security or company trade secrets were compromised, yet Monday’s 4% decline shows that investors still faced material uncertainty about the allegations.

For Nordnet’s customers, the immediate decision was to buy the dip. For the broader US market, the immediate decision was to mark Nvidia down despite rising chip stocks. The open questions are whether the board’s review changes confidence in Huang and whether the fivefold customer activity persists beyond Monday.

What other item accompanied the report?

A separate promotional item offered a gold bar worth more than €2,000 for completing a large investor survey. The offer carried no stated link to Nvidia’s trading, investigation or Monday’s share-price move.