Nvidia stock slumped Monday as investors continued to find excuses to unload shares of the once-highflying AI company. Nvidia shares closed down 8.7% at $114.06, the lowest close since Sept. 18, when it closed at $113.
Stock futures rise after Monday's big sell-off; Trump's Mexico and Canada tariffs loom: Live updates
U.S. stock futures rose on Monday night after President Donald Trump said his tariffs on Canada and Mexico would take effect on Tuesday. Futures tied to the Dow Jones Industrial Average added 87 points, or 0.2%. S&P 500 futures and Nasdaq 100 futures also climbed 0.2%.
Nvidia, China
US stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada, Mexico and China to go into effect by the midnight deadline.
The stock of chipmaker Nvidia (NVDA) declined 9% on March 3 to finish trading at its lowest level in six months and erasing $265 billion from
Canada's privacy watchdog said on Monday he was seeking a court order against the operator of Pornhub.com and other adult entertainment websites to ensure it obtained the consent of people whose images were featured.
Super Micro Computer (SMCI), and Dell (DELL) shares plunged Monday after Singapore said it’s investigating whether servers shipped to Malaysia containing chips barred from China ended up in the mainland.
The SP 500 fell sharply Monday as renewed trade war fears rattled markets after President Donald Trump confirmed tariffs on Mexico and Canada will take effect Tuesday. He also signed an order to impose an additional
Also in the semiconductor industry, Intel (INTC) gained 1.5% after Nvidia and Broadcom (AVGO) were said to be testing out chip production with the company. Intel was a large recipient of government funding from former President Joe Biden’s CHIPS & Science Act, signed in 2022.
Mizuho analysts warned Friday that Nvidia could face significant new China AI and export license restrictions, potentially reducing revenues by $4 billion to $6 billion in the second half of the year.
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