Tariff Turmoil Put Nvidia to a Test: Top Customers Meta, Amazon, Alphabet, and Microsoft Just Showed Us Whether the Chip Giant Passed or Failed.
Nvidia's (NASDAQ: NVDA) earnings have soared quarter after quarter thanks to the great demand for its artificial intelligence (AI) products and services. The company is the world's leading designer of AI chips -- known as graphics processing units (GPUs) -- and has used this position as a springboard to create an entire portfolio that supports companies throughout their AI journey.This AI powerhouse serves a variety of players, from small start-ups to market giants across industries. But in recent times, investors have worried about Nvidia's revenue potential in the coming quarters. This is amid concern about possible weakness in the general economy -- something that may lead AI customers to cut back on spending.The risk intensified last month when President Donald Trump announced a plan to put in place a set of tariffs on imports from around the world. The concern is this will increase prices of items at home, weighing on consumers' wallets and companies' earnings.Continue reading
Nvidia's (NASDAQ: NVDA) earnings have soared quarter after quarter thanks to the great demand for its artificial intelligence (AI) products and services. The company is the world's leading designer of AI chips -- known as graphics processing units (GPUs) -- and has used this position as a springboard to create an entire portfolio that supports companies throughout their AI journey.
This AI powerhouse serves a variety of players, from small start-ups to market giants across industries. But in recent times, investors have worried about Nvidia's revenue potential in the coming quarters. This is amid concern about possible weakness in the general economy -- something that may lead AI customers to cut back on spending.
The risk intensified last month when President Donald Trump announced a plan to put in place a set of tariffs on imports from around the world. The concern is this will increase prices of items at home, weighing on consumers' wallets and companies' earnings.
