Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia
5 Articles
5 Articles
Nvidia plummets as Trump tariffs bite
Nvidia’s shares fell nearly eight per cent on Thursday, wiping $273bn off its market value, as steep new tariffs and fears of fresh export restrictions rattled markets. The leading chip maker closed down 7.8 per cent in the wake of US president Donald Trump announcing sweeping import duties. Nvidia’s stock has now plunged 32 per cent from its peak in January, dragging its market cap down to $2.48 trillion from $3.66 trillion. The tariff package …
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