Nvidia’s $5.5 Billion Charge Is The Downturn’s Start

Summary

• Nvidia Corporation is approaching a year of market underperformance, with significant volatility since crossing $100 per share in May 2024.
• Despite hitting the $100 mark, NVDA stock has stagnated, reflecting the company’s struggle to maintain upward momentum.
• The volatility and lack of sustained growth highlight concerns about Nvidia’s current market position and future performance.
• Investors should be cautious, as Nvidia’s recent performance suggests potential challenges ahead in achieving consistent growth.

Nvidia Corporation (NASDAQ: NASDAQ:NVDA) is just a few months away from hitting 1-year of market underperformance. The company crossed the $100 / share threshold for the first time in May 2024, and with massive volatility, it’s stagnated since then.

READ FULL ARTICLE HERE!