Shares of tech behemoth Nvidia Corporation (NASDAQ: NVDA) have nosedived 43% year to date as part of a broader tech retreat linked to high inflation and the rising interest rate environment. In response to the unfriendly macroeconomic backdrop, the chip maker recently downgraded its previous guidance for second-quarter revenue, which it's set to report after hours on Aug. 24. While its latest financial situation is far from ideal, it's essential that investors steer clear of short-term headwinds and focus on the long-term trajectory of Nvidia's business.