Markets NVDA

Is This Bad News for Nvidia?

Today's video focuses on Nvidia (NASDAQ: NVDA) and recent updates on its main product, graphic processing units (GPUs). Valve recently released its monthly Steam hardware survey, which showed consumer growth for Nvidia's 3000 series GPUs. Unfortunately, Jon Peddie Research reported a decrease of 6.2% sequentially and a decrease of 19% yearly in PC GPU market shipments.

*Stock prices used were the market prices of June 3, 2022. The video was published on June 3, 2022.

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Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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