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ETtech Explainer: How Trump tariffs hit Nvidia’s China business, and stock
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The ongoing trade tensions between the United States and China have escalated once again, putting Nvidia’s export business at risk and jeopardising $5.5 billion in potential sales. On Thursday, Nvidia CEO Jensen Huang traveled to Beijing to meet with senior Chinese officials, just days after the US export restrictions were announced.
The visit by Huang can be seen as an effort to stabilise Nvidia’s business in China despite the latest curbs. In line with this, ETtech takes a deeper look at the case and its impact on tech stocks.
What’s happening?
On…
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