Nvidia doesn’t just make the chips powering the AI revolution. It has also become the single most traded stock in the entire US equity market, commanding 3.0% of total notional trading volume year-to-date, according to Goldman Sachs.
To put that in perspective, there are roughly 4,000 stocks listed on US exchanges. One of them is eating 3 cents of every dollar traded.
The numbers behind the dominance
Goldman Sachs data shows Nvidia sitting comfortably atop the leaderboard, ahead of Micron at 2.8% and Tesla at 2.1% of total market notional volume. The top ten most-traded stocks collectively account for about 16.4% of all trading activity.
Nvidia has regularly exceeded 100 million shares in daily trading volume. The company’s share price has recently oscillated between $217 and $224, and its market capitalization now approaches a staggering $5.4 trillion.
