Tech stocks tumbled on Monday after President Donald Trump imposed steep tariffs on imports from Canada, China, and Mexico, sparking fears of supply chain disruptions — yet Wedbush analyst Dan Ives says Nvidia Corporation (NASDAQ:NVDA) and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) won’t face immediate fallout.
What Happened: Trump’s tariffs, which include a 25% levy on imports from Mexico and Canada and a 10% tariff on Chinese goods, were set to take effect on Tuesday.
This move sparked concerns about potential retaliation affecting the tech sector. However, Ives said that the immediate impact on the semiconductor supply chain will be minimal.
“We believe short-term supply chain disruptions for the chip ecosystem will be very limited as it relates to Nvidia, …
Full story available on Benzinga.com
Tech stocks tumbled on Monday after President Donald Trump imposed steep tariffs on imports from Canada, China, and Mexico, sparking fears of supply chain disruptions — yet Wedbush analyst Dan Ives says Nvidia Corporation (NASDAQ:NVDA) and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) won’t face immediate fallout.
What Happened: Trump’s tariffs, which include a 25% levy on imports from Mexico and Canada and a 10% tariff on Chinese goods, were set to take effect on Tuesday.
This move sparked concerns about potential retaliation affecting the tech sector. However, Ives said that the immediate impact on the semiconductor supply chain will be minimal.
“We believe short-term supply chain disruptions for the chip ecosystem will be very limited as it relates to Nvidia, …
Full story available on Benzinga.com
Tech stocks tumbled on Monday after President Donald Trump imposed steep tariffs on imports from Canada, China, and Mexico, sparking fears of supply chain disruptions — yet Wedbush analyst Dan Ives says Nvidia Corporation (NASDAQ:NVDA) and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) won’t face immediate fallout.
What Happened: Trump’s tariffs, which include a 25% levy on imports from Mexico and Canada and a 10% tariff on Chinese goods, were set to take effect on Tuesday.
This move sparked concerns about potential retaliation affecting the tech sector. However, Ives said that the immediate impact on the semiconductor supply chain will be minimal.
See Also: Nvidia’s RTX 5090 And 5080 Are Sold Out, But You Can Still Get One With These High-End Prebuilt Gaming PCs
“We believe short-term supply chain disruptions for the chip ecosystem will be very limited as it relates to Nvidia, …Full story available on Benzinga.com Read MoreAAPL, AVGO, benzinga neuro, Dan Ives, Donald Trump, Government, INTC, MSFT, News, NVDA, SMCI, Stories That Matter, Trump Tariffs, TSM, Markets, Tech, AAPL, US0378331005, INTC, US4581401001, MSFT, US5949181045, NVDA, US67066G1040, SMCI, US86800U1043, TSM, US8740391003, AVGO, SG9999006241, News, Government, Markets, Tech, Benzinga Markets