Why Nvidia Stock Lost 13% in March
Shares of Nvidia (NVDA -0.28%) were among the losers last month as the artificial intelligence (AI) chip leader pulled back along with the broad market in March.There wasn't any major news that weighed on Nvidia, but signs that demand for AI infrastructure may be slowing seemed to drive the stock lower, as did general fears about a slowdown in the economy driven by weakening consumer sentiment, the uncertainty around tariffs, and declining economic growth forecasts. Toward the end of the month, the weak res ...