Nvidia Is Down 27% From Its Peak. History Says This Is What Happens Next.

Nvidia Is Down 27% From Its Peak. History Says This Is What Happens Next.

Nvidia (NASDAQ: NVDA) has been the unquestionable leader of the artificial intelligence (AI) boom of the past two-plus years with the stock up more than 600% since the start of 2023 and its market cap now hovering around $3 trillion.

However, lately, Nvidia stock has looked surprisingly mortal. Share prices of the AI chip leader trade down about 16% year to date, and the stock fell 8% last Thursday following its earnings report even as it beat estimates and offered solid guidance. The…

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