Why did $NVDA go down so much from its peak of ~$329 in 2021 to ~$112 and then recover to ~$290 today?

$NVDA had a peak of ~$329 in 2021 and dropped 66% to ~$112 last year, presumably in part due to the rising interest rates. However, it's now recovered to almost $290 which is near its peak. What happened in the past 2 years for this massive up and down?