Reported 1 day ago
Nvidia’s stock dropped over 4% on Monday after President Trump announced that he would not ease reciprocal tariffs on imports, fueling market fears amid a broader tech sell-off. Trump's comments suggested imminent tariffs targeting all countries, leading to anxiety among investors and affecting companies reliant on imported components, including Nvidia. The company's CEO acknowledged that while short-term impacts from tariffs might be minor, Nvidia is preparing for a future focused on domestic manufacturing, especially as the semiconductor landscape evolves.
Source: YAHOO