Why Nvidia Stock Can Drop 30%?

NVIDIA (NVDA) has faced setbacks in the past. Its stock has experienced declines of over 30% within a period of less than two months on up to eight separate occasions in recent years, eliminating billions in market value and undoing substantial gains in a single correction. If past trends are a reliable indicator, NVDA stock is susceptible to abrupt and significant drops.SANTA CLARA, CALIFORNIA - MAY 30: An exterior view of the NVIDIA headquarters on May 30, 2023 in Santa Clara, California. Chipmaker NVIDIA ...