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Why Nvidia Stock Is Falling Today

TheMotleyFool

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Shares of Nvidia (NASDAQ: NVDA) were sliding today on no company-specific news. Instead, investors are likely processing comments about supply chain issues in the chip market that Intel's (NASDAQ: INTC) management mentioned on the company's conference call yesterday.

The tech stock was down by 1.9% as of 11:42 a.m. ET.

Intel beat Wall Street's expectations for both the top- and bottom-line estimates in the first quarter, but the company's CEO, Pat Gelsinger, highlighted some persistent problems in the semiconductor space that Nvidia investors latched on to.

Source Fool.com

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