President Donald Trump's blanket tariffs have eviscerated US-based AI chipmaker Nvidia's stock, sliding over five percent when trading began on Monday. Over the weekend, Trump announced an additional ten percent tariff on Chinese imports and 25 percent on those from Mexico and Canada. The announcement appears to have taken investors by surprise, sending the US stock market plummeting. Even Nvidia, which was already still reeling from cratering as a result of Chinese AI startup DeepSeek upending Silicon Valley last week, felt the hurt, sparking a continued selloff.

---

Link :
https://futurism.com/the-byte/trump-tariffs-ai