Nvidia Defies Tariffs, Vows $500B U.S. Investment Despite $270B Hit
Summary
Despite a $270 billion market value hit due to Trump-era tariffs, Nvidia CEO Jensen Huang vows to invest $500 billion in U.S. manufacturing while continuing to serve the crucial Chinese market, defying trade tensions and underscoring the company's resilience and long-term vision.
Key Points
- Nvidia CEO Jensen Huang stated that despite tariffs, the company will continue serving the Chinese market due to its significance
- Nvidia lost over $270 billion in market value since the Trump tariffs, though less than Apple's $700 billion loss
- Nvidia plans to invest $500 billion in U.S. manufacturing, including a TSMC facility in Phoenix for its new Blackwell chips