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The Nvidia Jensen Huang CEO provides a basic address in CES 2025, an annual consumer electronics exhibition, in Las Vegas, Nevada, January 6, 2025.
Steve Marcus | Reuters
Nvidia On Monday, the shares fell almost 9% after President Donald Trump confirmed that the tariffs from Canada and Mexico would take effect on Tuesday.
The shares of the chips retreated on a bad day for the market. Dow, among which Nvidia is a component, scored 800 points, or 1.8%, and NASDAQ’s composite slid more than 3%.
Nvidia shares are now trading at the same price as in September, before the US presidential election. The company, dropping $ 3 trillion, costs $ 2.79 trillion after slide on Monday shot down another $ 265 billion with Nvidia estimates.
Nvidia decreased by 13% from Wednesday when the company reported the profit This was headed by analysts around the world. The company’s revenue increased 78% a year earlier to $ 39.33 billion.
During the NVIDIA analytics report, the company’s reaction to the US tariffs was asked.
“Tariffs at this point, this is unknown until we understand what a US government plan,” Nvidia Caint Cerese, Chief Financial Director told investors.
Nvidia chips are mainly produced in Taiwan, but some of their complex systems and full computers that surround the chips are produced in other regions, including Mexico and the US, which they can affect Trump’s 25% of Mexico and Canada’s duties that come into force on Tuesday.
Separately, Nvidia was All Monday studied carefully For their export to Singapore, which some analysts see as a point to send company chips to China and bypass US export control. At the end of last week, Singapore officials detained three people for lies about where the US servers would be.
Nvidia representatives said they would produce chips in a new $ 100 billion production facilities in Taiwan Semiconductor announced Trump on Monday.
Last week, investors sought to hear that the company’s forecast was for further growth from several massive cloud companies that make up about half the income from the Nvidia data center. Jensen CEO Jensen said the company was ironing with its latest chips, Blackwell.
“We will have a good quarter in the next quarter,” said Juan CNBC Last week. “And we have a pretty good demand for Blackwell.”
