Nvidia Stock Has Struggled Over the Last Week. Here's What I Think Is Going On.

Shares of artificial intelligence (AI) chipmaker Nvidia (NASDAQ: NVDA) have struggled lately. The stock closed at about $213 on Wednesday, down about 6% over the past week and off about 10% from an all-time high of $236.54 earlier this month.That weakness comes despite a fiscal first-quarter report on May 20 that, by almost any measure, was outstanding. Revenue rose 85% year over year to a record $81.6 billion. Data center revenue climbed 92% to $75.2 billion. And management raised the quarterly dividend from $0.01 per share to $0.25 per share while authorizing an additional $80 billion in share repurchases. So, what is going on?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool