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Why Nvidia Fell 16.9% in August

Shares of the largest chipmaker by market cap, Nvidia (NASDAQ: NVDA), swooned 16.9% in the month of August, according to data from S&P Global Market Intelligence. Like many other technology stocks, Nvidia had a nice July rally. Early in the month, Nvidia warned investors its second-quarter earnings would come in below expectations, especially its graphics segment. Read More...

Shares of the largest chipmaker by market cap, Nvidia (NASDAQ: NVDA), swooned 16.9% in the month of August, according to data from S&P Global Market Intelligence. Like many other technology stocks, Nvidia had a nice July rally. Early in the month, Nvidia warned investors its second-quarter earnings would come in below expectations, especially its graphics segment.

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