If there’s one company that’s become the face of the artificial intelligence (AI) revolution, it’s probably Nvidia (NVDA +1.16%). As a major developer of the high-end semiconductor chips that have gone into the AI buildout, it’s seen its stock price rocket higher over the past few years.
Lately, however, momentum has fizzled. Over the past six months, the stock is up only 6%. Even after the company’s recent Q4 earnings report, in which it beat earnings and revenue expectations and raised forward guidance, the stock fell by more than 5% the following trading day.
Given what we’re seeing elsewhere in the market, specifically the rotation away from the tech sector, it may be time to rethink expectations around Nvidia. If this were a sign that most of the good news is already priced into the stock, there are ways to augment the performance of an investment in Nvidia in case things go…
