The Nvidia Jensen Huang CEO gives the main address to CES 2025, the annual consumer electronics fair, in Las Vegas, Nevada, 6 January 2025.
Steve Marcus | Reuters
Nvidia The shares fell almost 9% on Monday after President Donald Trump confirmed that Tariffs from Canada and Mexico would take effect on Tuesday.
Cips manufacturer’s shares have withdrawn a bad day for the market. Dow, of which Nvidia is a component, overthrew 800 points, or 1.8%, and Nasdaq composite slid more than 3%.
Nvidia shares are now trading at the same price as in September, before the US presidential elections. The company, after throwing out its three -trillion market, is worth $ 2.79 trillion after leaning another $ 265 billion on Monday from Nvidia’s value.
Nvidia has been reduced over 13%from Wednesday when the company Applied earnings This surpassed the assessments of analysts throughout the board. The company’s revenue jumped 78% compared to a year earlier to $ 39.33 billion.
During the NVIDIA report, analysts asked about the company’s response to US tariffs.
“Tariffs at the moment, it’s unknown until we still understand what the US Government plan is,” said Finance Chief Nvidia Colette Kless investors.
Nvidia’s chips are mostly produced in Taiwan, but some of its sophisticated systems and full computers surrounding chips are produced in other regions, including Mexico and the US that could affect Trump’s 25% duties on imports from Mexico and Canada, which enter into force on Tuesday.
Separately, Nvidia was Reviewed on Monday For their exports to Singapore, which some analysts see as a travel point for shipping a company’s chip chips and bypassing American export controls. At the end of last week, Singapore officials detained three people to lie about where the US servers would end.
NVIDIA officials said they would produce chips in the new expansion of the Taiwan semiconductor production in the amount of $ 100 billion in the United States that were Announced Trump on Monday.
Last week, investors wanted to hear what the outcomes of the company to continue growth of AI from a few huge cloudy companies, which make up about half of the NVIDIA data revenue. Executive director Jensen Huang said the company was ironing problems with its latest chips, Blackwell.
“We’ll have a good quarter of the next quarter,” Huang told CNBC Last week. “And we have a pretty good pipeline of demand for Blackwell.”
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