Why Nvidia Stock Lost 13% in March

Shares of Nvidia (NASDAQ: NVDA) 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 response to the debut of CoreWeave, a generative AI-focused cloud computing platform and a partner of Nvidia, also seemed to reflect waning investor enthusiasm for AI stocks.The semiconductor sector is cyclical and, given its soaring growth over the last two years, investors seem to be wary about the impact that a recession would have on Nvidia. When March came to a close, the stock finished down 13%, according to S&P Global Market Intelligence.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool