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.
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.