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1 Major Reason Nvidia Stock Continues to Drop

The market is looking for more returns from investments in AI hardware.

By Jose Najarro – Jul 30, 2024 at 9:48AM EST

In today's video, I discuss Nvidia (NVDA +0.04%) and other semiconductor stocks. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of July 29, 2024. The video was published on July 29, 2024.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Advanced Micro Devices, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$198.52
(+0.04%)+$0.07
Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$610.48
(+0.28%)+$1.74
Microsoft Stock Quote
Microsoft
NASDAQ: MSFT
$413.38
(-0.26%)-$1.06
Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$341.70
(-5.22%)-$18.84

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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