Amid the sharp decline in the stock price of the U.S. semiconductor company Nvidia, American individual investors known as 'Seohakgaemi' continued a net selling trend. This indicates that many investors have reduced their losses.
According to the Korea Securities Depository on the 28th, domestic investors sold Nvidia shares worth $142.83 million (approximately 210 billion won) net over the week from the 19th to the 25th (with the settlement date from the 21st to the 27th). During this period, Nvidia's stock price dropped from $140.04 to $126.64, a decline of 9.6% ($13.41).
Overnight, Nvidia's stock price plummeted by 8.48% ($11.13), falling to $120.15. This is the largest drop since the 27th of last month, when it fell by 16.97% ($24.2) after the emergence of China's cost-effective artificial intelligence (AI) application 'DeepSeek.'
Nvidia presented performance results for the fourth quarter of fiscal year 2025 (November 2024 to January 2025) and guidance for fiscal year 2026 (February 2025 to January 2026) that surpassed market expectations. However, it seems that more investors are worried about the increasingly intensifying competition.
U.S. President Donald Trump also acted as a negative factor by announcing plans to impose tariffs on Canada and Mexico as scheduled on the 4th of next month, and to levy an additional 10 percentage points in tariffs on China. The Philadelphia Semiconductor Index, which tracks semiconductor-related stocks including Nvidia, also fell by 6.09% (304.07 points) overnight.
Nvidia is a representative overseas stock preferred by Seohakgaemi. As of the 26th, the total value of Nvidia shares held by domestic investors amounts to $11.8344 billion (approximately 17.125 trillion won). This is the second largest after Tesla among overseas stocks.
However, since the 'DeepSeek shock,' Seohakgaemi have been continuously selling Nvidia shares. Domestic investors have net sold Nvidia shares worth $40.727 million (approximately 5.9 billion won) just this month. Based on the current stock price, they have avoided a heavy downfall.
It is estimated that a significant portion of Nvidia investors are still in the evaluation profit zone. The average purchase price in Korean won for 186,526 Nvidia investors linked to Naver Pay Securities' 'My Asset Service' is 157,136 won. Currently, they are recording a revenue rate of 10.83%. The percentage of investors who have entered the evaluation loss zone is in the 30% range.