Nvidia’s chips are primarily manufactured by TSMC in Taiwan; however, some systems and computers utilizing these chips are produced in other regions, including Mexico.
Nvidia, which made $26 billion in a quarter due to data centre demands, is not only a big player in the gaming space but in general computing, with its chips powering servers, robotics, and AI. Though this stock dip is substantial, it's worth noting that Nvidia stock is up 50% from this time last year and up over 400% from just two years ago.
Nvidia shares fell nearly 9 percent on Monday following US President Donald Trump’s confirmation that tariffs on imports from Canada and Mexico would take effect on Tuesday, according to CNBC.
Nvidia sees a massive loss to its valuation, tumbling a whopping $200 billion, largely in response to changes to political and economic policies.
Weeks after recovering from the DeepSeek selloff, NVIDIA's stock drops again as Trump's tariffs and supply chain fears shake investor confidence.
U.S. stocks fell on Tuesday as President Donald Trump’s newly imposed 25% tariffs on goods from Canada, Mexico, and China prompted retaliatory measures from some of the affected countries.
The stock of chipmaker Nvidia (NVDA) declined 9% on March 3 to finish trading at its lowest level in six months and erasing $265 billion from
High tariffs on all goods from Mexico and Canada have put the US stock markets under pressure. For Nvidia, accusations from Singapore are making matters worse.
Investor concerns about the economy grew as Trump's tariffs on Canada, Mexico, and China caused US stocks to continue to fall on Tuesday.