Why Nvidia Investors Are Nervous Today
Product shortages are generally bad for business -- unless you're in the business of making the product that's in short supply. It's for this reason that shares of semiconductor manufacturer Nvidia (NASDAQ: NVDA) -- a supplier of chips for everything from playing video games to mining cryptocurrency to performing artificial intelligence tasks -- have benefited so much from the global semiconductor shortage over the past couple of years, more than doubling in 2020 and gaining another 65% so far this year. But all good things must come to an end. As of 11:29 a.m. EDT today, shares were down 2.22%.
And Elon Musk says this semiconductor shortage will end as well.
Image source: Getty Images.
Source Fool.com
