Down 17%, Is It Time to Buy the Dip on Nvidia Stock?

  • Over the last few years, Nvidia (NVDA 1.30%) has emerged as the leader of America's tech industry -- riding a tidal wave of demand for its cutting-edge chips used to train and run AI algorithms. However, with shares down 17% year to date, the company has hit a roadblock as a combination of trade uncertainty and possible foreign competition calls its growth thesis into question.