Nvidia to Make AI Supercomputers Entirely in U.S.
Nvidia, Apple, Tesla, Dell, Nvidia, SMCI, Goldman, Intel, Pfizer: Biggest Movers
Apple and NVIDIA are at the forefront, as Trump launches an investigation, with tariffs on USA chips and Pharmaceuticals "ready to go."
According to reports, the US Department of Commerce announced on Monday that it has begun investigating the impact of imports of "Semiconductors and Semiconductor Manufacturing Equipment" as well as "Pharmaceuticals and Pharmaceutical Ingredients, including finished drugs" on USA National Security. Overnight, Apple and NVIDIA saw their stock prices drop during trading, and by the close, Apple had risen 2.21%, while NVIDIA fell 0.2%.
Trump Opened Pharmaceutical, Semiconductor Tariff Probes April 1
Prelude to increased tariffs? The Trump administration has initiated a Section 232 investigation into pharmaceuticals and Semiconductors.
① The USA government disclosed on Monday that it has launched an investigation into the impact of imported Pharmaceuticals and Semiconductors on National Security; ② This is widely seen as a prelude to imposing tariffs on prescription drugs and Semiconductors, and it could further escalate the trade war initiated by the USA.
Nvidia's Made-in-the-U.S.A. Move Follows a Familiar Trump Pattern
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105657362 : 2600 time
CaptainBoi : Let them buy. Lost confidence with nvidia last month. It’s going to chop until it can prove it can sustain high revenue growth.
Penguin : I know some suckers cut loss of their puts today
105657362 : not only cannot sustain revenue, Nvidia will start sacking staff soon