The US economy and global markets once again, President Donald Trump has been tension once again after the announcement of at least 10% of “mutual tariffs” for many countries on April 2.
The S & P 500 index lost 10% in two days after the announcement of the preaching, and the technological-heavy NASDAQ composition decreased by 11%.
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Dick tariffs can be harmed by US consumers and institutions as imported products can be spent more.
“We see it as a growth shock … This will be a shot for US consumers,” Ashish Shah, Goldman Sachs’s General Investment General Investment General Investment Officer, April 3.
White house can be rippled in the production of semicuses, disruptions can still be rippled in the production of low-flow processing, and the semiconductors can affect the students.
On April 3, 2025, the Philadelphia semiconductor index decreased by about 10%, a 5% fall in the broader S & P 500 index. More than 7.6% fell on April 4.
NVIDIA is often considered as looked as a rich management chip request. Stock lost more than 14% in two sessions.
Analysts in HSBC followed the latest tariffs, the latest tariffs that increase the inconsistency in the supply of limited GPU price energy. It was not the only Wall Street company in which it was to boots.
Bank of America also updated the forecast for the NVIDIA Stock.
Nvidia’s pre-tariff struggles
Nvidia before the tariff announcement (Nvda( wrestled with headlines.
Chipmaker, a long lover of Wall Street, which is a long lover, which is a long lover, was withdrawn in 2025 in 2025, 20% of the shareholder in Artificial Intelligence.
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NVIDIA revenue growth, once increased by triple-digit proportions, has spent more than 78% in the fourth quarter of 2024, but a comedown for investors who hope more.
Meanwhile, despite NVIDIA CEO Jensen Huang, it was “extraordinary” for Blackwell, and began to put pressure on the company’s profit threshold.
The company reported a 73.5% total margin of the QUAL, which is 3.2 points a year ago. The smaller earnings margin belonged to the newer, more complex and expensive information center products, including Blackwell.
The supply chain of NVIDIA is largely in the Asia-Pacific region. His chip production is more dependent on Taiwan Semiconductor manufacturer (Tsm( .
Nevertheless, Huang suggested that the company’s outlook will not expect significant impact and tariffs waiting for the Nvidia to produce more on land.
“Tariffs will have a little effect for a short time,” the tariffs said.
Bank of America is a bold bet in Nvidia
Despite these problems, the American bank remains a Staunch defender of Nvidia.
Analysts named Vivek Arya named NVIDIA, along with Broadcom (Avgo( LAM Study (Lrcx( and Cadence design systems (CDNS( Trump’s best semiconductor chose Trump after announcing the tariffs. Analyst said that these companies are the best scale, profit and balance sheet.
Arya said that no company has immunity to the influence of tariffs, but solid balance sheets and AI, cloud and complex computing, the average level is likely to catch better for a long time.
Related: Veteran Analyst Recession within the Tariff War Receives Outlook
Added that the AI expenses should remain relatively healthy among the US major cloud providers (as meta) (Meta( and Microsoft (Msft( ) You can pay more for mission-critical hands.
Bank of America also noted that companies with assets produced in the United States, including Texas tools (Txn( Intel Intc, Globalfoundries (Gf( and the speed of the monster (Wormy( can benefit from the change of supply chains. Companies with Price Energy Like Nvidia and Solar (Weapon( It is likely to remain more solid in economic variability.
More NVidia:
- Nvidia Stock: AI Tailwind can just start working
- NVIDIA distributes an aggressive future despite the investor’s concern
- AI bets from Tech Upstart can be a big blow to NVIDIA
NVIDIA Stock was closed on April 4 to $ 94.31 and about 30% consists of the day. Bank of America has offered a purchase in another report because the assessment “still attractive” on March 26.
“We believe that the fund provides a particularly attractive opportunity for the largest and fastest growing secular trends for the most unique, high-quality technological franchises,” he said.
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