Is Nvidia Stock Severely Affected By President Trump's Tariffs?
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks in the market since 2023 but has cooled alongside all of the other growth stocks during the latest sell-off. Nvidia has been a top stock because of its involvement in the artificial intelligence (AI) race since its products power much of the training and inference for that technology.However, the stock recently was now down more than 30% from its all-time high, due to the impact of President Donald Trump's tariff announcement. But is Nvidia truly affected by this? Or is it just guilt by association?Nvidia's graphics processing units (GPUs) and the other components that support them have seen massive growth alongside AI demand over the past few years. In just two years, revenue climbed from under $30 billion to $130 billion, a total gain that no company has matched.Continue reading
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks in the market since 2023 but has cooled alongside all of the other growth stocks during the latest sell-off. Nvidia has been a top stock because of its involvement in the artificial intelligence (AI) race since its products power much of the training and inference for that technology.
However, the stock recently was now down more than 30% from its all-time high, due to the impact of President Donald Trump's tariff announcement. But is Nvidia truly affected by this? Or is it just guilt by association?
Nvidia's graphics processing units (GPUs) and the other components that support them have seen massive growth alongside AI demand over the past few years. In just two years, revenue climbed from under $30 billion to $130 billion, a total gain that no company has matched.
