Reported 1 day ago
After President Trump's announcement of reciprocal tariffs on semiconductor imports, stocks of Nvidia, TSMC and other chip manufacturers experienced significant declines. Nvidia shares dropped by 4.7% and TSMC fell by 4.8%, as tariffs could raise prices on AI server purchases and impact demand for advanced chips. The tariffs include up to 34% on imports from China and 32% from Taiwan, affecting major exporters of computer parts and servers equipped with Nvidia GPUs.
Source: YAHOO