Nvidia
inventory tumbled in 2022, and as shares of the chip maker slid into the purple early in the year, CEO Jensen Huang stopped promoting.
Nvidia stock (ticker: NVDA) missing 50 percent its current market price in 2022. In mid-February, Nvidia noted a robust fiscal fourth quarter. “We are seeing exceptional demand from customers for Nvidia computing platforms,” Huang claimed in a statement at the time. A 7 days later on, Russia invaded Ukraine, an event that difficult chip generating for the reason that important raw products are concentrated in the two nations. Nvidia’s subsequent quarterly experiences mirrored the outcomes of the conflict, Covd-19 production shutdowns in China, and slipping demand from customers.
Nvidia
inventory tumbled in 2022, and as shares of the chip maker slid into the purple early in the year, CEO Jensen Huang stopped promoting.
Nvidia stock (ticker: NVDA) missing 50 percent its current market price in 2022. In mid-February, Nvidia noted a robust fiscal fourth quarter. “We are seeing exceptional demand from customers for Nvidia computing platforms,” Huang claimed in a statement at the time. A 7 days later on, Russia invaded Ukraine, an event that difficult chip generating for the reason that important raw products are concentrated in the two nations. Nvidia’s subsequent quarterly experiences mirrored the outcomes of the conflict, Covd-19 production shutdowns in China, and slipping demand from customers.
