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Here's How Tariffs Could Affect This Industry Giant. Should Investors Be Worried?
After a few months of speculation, President Donald Trump finally announced his full tariff plan on April 2, which included updated tariffs on more than 180 countries. Some tariffs were on the low end at 10%, while others skyrocketed to over 90%.Considering how much U.S. companies rely on imports, these new tariffs will have a noticeable impact on many products and services. This is particularly true for large tech companies that rely on a global supply chain.One company in particular that many are paying close attention to is Nvidia (NASDAQ: NVDA), the world's leading graphics processing unit (GPU) producer and one of the most vital companies in the developing artificial intelligence (AI) ecosystem.Continue reading
After a few months of speculation, President Donald Trump finally announced his full tariff plan on April 2, which included updated tariffs on more than 180 countries. Some tariffs were on the low end at 10%, while others skyrocketed to over 90%.
Considering how much U.S. companies rely on imports, these new tariffs will have a noticeable impact on many products and services. This is particularly true for large tech companies that rely on a global supply chain.
One company in particular that many are paying close attention to is Nvidia (NASDAQ: NVDA), the world's leading graphics processing unit (GPU) producer and one of the most vital companies in the developing artificial intelligence (AI) ecosystem.
