The entire year of 2022 has been rough for Nvidia. Earlier this year, the company scrapped its plans for its proposed megamerger with competitor Arm Semiconductor. Additionally, economic conditions in China due to the pandemic have affected the company's data center business. Moreover, the federal government has banned Nvidia from selling certain products to China and Russia, citing national security concerns. Lastly, the cratering crypto market has significantly affected demand in Nvidia's gaming division. All of these hiccups have contributed to a massive sell-off, with the stock hitting a 52-week low last week.