NVIDIA Corporation (NASDAQ:NVDA) has seen its stock performance affected by President Donald Trump’s new tariff regimes, which have been introduced under the International Emergency Economic Powers Act. The tariffs imposed on nearly all countries and territories, with rates expected to escalate higher, could impact US tech companies.
Investment firms Wedbush and Bernstein have expressed concerns about the potential economic implications of these tariffs, citing a “potential ‘economic Armageddon’ for the U.S. tech sector”. Analysts believe that the impact could be worse than previous major market crashes, such as the dot-com bubble and the 2008 financial crisis.
NVIDIA, which specializes in AI-driven solutions for data centers, self-driving cars, robotics, and cloud services, has been criticized by these firms. However, Bernstein still rates NVDA as “Outperform”, stating that its shares are compelling despite the uncertainty.
The company ranks 5th on our list of AI stocks in focus, and while we acknowledge its potential as an investment, our conviction lies with other AI stocks that hold greater promise for delivering higher returns.
Source: https://finance.yahoo.com/news/nvidia-nvda-still-strong-ai-162311295.html