Will Nvidia Stock Fly or Fall in 2022?
The wheels have come off Nvidia's (NASDAQ: NVDA) terrific stock market rally in the final month of 2021; shares of the graphics cards specialist are down about 13% so far in December after dipping almost 10% halfway through the month. Though Nvidia stock is still up 108% year to date, investors seem to be having second thoughts about the company's prospects.
One of the reasons for the stock's recent dip is probably the U.S. Federal Trade Commission's (FTC) move to block Nvidia's proposed acquisition of British semiconductor company Arm Holdings. Another reason may be the global chip shortage that is likely to continue well into 2022 and potentially hurt Nvidia's sales, as it may not get enough components to manufacture its graphics cards that are used in several applications ranging from personal computers (PCs) to data centers to cars.
Considering these headwinds, will Nvidia be able to replicate its hot stock market performance in 2022? Or will the chipmaker fall prey to external factors that could throw its outstanding growth out of gear?
Source Fool.com
