Shares of Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) have slipped in 2022 thanks to the broader stock market weakness caused by factors including a potential hike in interest rates by the Federal Reserve, surging inflation, and the ongoing crisis in Europe. Chipmaker Nvidia has been the bigger loser of the two, with the stock down close to 18% this year. This is despite positive results in February, driven by strong demand for its graphics cards which have many uses including by personal computers, data centers, and workstations. Read More...
Shares of Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) have slipped in 2022 thanks to the broader stock market weakness caused by factors including a potential hike in interest rates by the Federal Reserve, surging inflation, and the ongoing crisis in Europe. Chipmaker Nvidia has been the bigger loser of the two, with the stock down close to 18% this year. This is despite positive results in February, driven by strong demand for its graphics cards which have many uses including by personal computers, data centers, and workstations.
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