Even though earnings season hasn’t ended, several tech stocks have been getting attention. While many believed NVIDIA (NVDA) to be one of the businesses that emerged from the COVID-19 pandemic era on top, its most recent preliminary Q2 results may have disappointed investors.
Trajectory Going Backwards?
Many believed that NVIDIA was on the rise towards the close of the previous year. It had the strongest year-over-year performance among American mega-cap stocks. NVIDIA’s share value increased by almost 130 percent as a result of the necessity for technology solutions as large numbers of workers were required to stay at home to prevent the spread of the illness.