Nvidia's (NASDAQ: NVDA) stock closed at its all-time high of $493.51 on Aug. 31, 2023, which represented a stunning 227% gain over its previous 12 months. The company's stock soared as the growth of the artificial intelligence (AI) market sparked brisk sales of its high-end data center GPUs, which are used to process complex machine learning and AI tasks.

Nvidia's stock has only pulled back about 7% from its all-time high, even as more bright red flags appeared on the horizon. Let's review three of those recent threats -- and what they mean for its future. 

Nvidia CEO Jensen Huang. Image source: Nvidia.

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Source Fool.com