Nvidia's Jensen Huang pledges to ‘comply fully' with Trump trade policies as uncertainty looms over chip industry [Fortune]
NVIDIA Corporation (NVDA)
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Source: Fortune
But there are massive Donald Trump-sized questions hanging over the semiconductor industry, however, and CEO Jensen Huang did field one inquiry about what the President-elect's return to Oval Office could mean for the business. Trump's calls for worldwide tariffs would presumably affect Nvidia. Despite his general tough-on-China rhetoric, previous comments casting doubt on America's commitment to help Taiwan defend itself against a potential Chinese invasion have weighed on chip stocks. Taiwan is the home of Nvidia's preeminent supplier, TSMC. “The unpredictability of the president elect is now an overhang on basically all of tech,” said Ted Mortonson, a managing director and tech desk sector strategist at Baird Whatever a second Trump administration decides to do, Huang said, Nvidia will be on board. “That's our highest mandate,” he said. “We will comply fully with any regulation that comes along.” Nvidia, as well as other chip makers, has struggled to make chips for the Ch
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