Why Nvidia Stock Was Down on Tuesday

Shares of Nvidia (NASDAQ: NVDA) were trading down 5.5% as of 12:22 p.m. ET on Tuesday. This follows Nvidia's disclosure on Monday that revenue for the fiscal second quarter would come in below expectations. Year to date, Nvidia stock is down 42% over concerns that slowing demand for graphics chips used by gamers in their PC gaming rigs would pressure Nvidia's top line.