Nvidia stock down 6.2% due to Trump's tariffs and downgrade, but remains a buy

From Nasdaq: 2025-04-03 14:22:00

Shares of Nvidia (NASDAQ: NVDA) are down 6.2% due to President Trump’s new tariffs and a key rating downgrade, hitting as low as 7.6% earlier. Tariffs on imports from Taiwan could impact Nvidia, but an exemption for semiconductors was granted. HSBC analyst Frank Lee downgraded Nvidia, citing supply chain issues and lackluster hardware. Despite challenges, Nvidia remains a buy with potential turbulence ahead. Consider other stock options for better returns.



Read more at Nasdaq: Why Nvidia Stock Is Plummeting Today — It’s More Than Trump’s Tariffs