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Why Nvidia Stock Is Nose-Diving Today [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
ET, and was down as much as 9.5% earlier in the day. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 4.9% and 5.1%, respectively. President Trump's sweeping tariffs have triggered a widespread sell-off in semiconductor stocks , with Nvidia caught in the crossfire as the world responds. President Trump's Wednesday announcement of extensive tariffs has set off a trade war. The levies were met today with a heavy-handed response from China. Yesterday, there was some hope for Nvidia, as the White House carved out an exemption for raw semiconductors, but it appears this may be temporary. China's response makes it more likely Trump will not keep the exemption in place. Even if the exemption stays, it is only for the chips themselves and does not apply to other parts of the supply chain, like the servers that contain Nvidia's chips. As CEO Jensen Huang said in 2023, "Total independence of the supply chain is not a real practical th
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