Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Tech stocks sink after Nvidia reveals hit from US curbs on sales to China
Economy

Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

Last updated: April 16, 2025 9:20 am
Share
Tech stocks sink after Nvidia reveals hit from US curbs on sales to China
SHARE

Tech stocks took a hit on Wednesday as Wall Street experienced a sell-off following Nvidia’s announcement that new US controls on sales to China would impact its earnings significantly. Nvidia revealed that the Trump administration’s plans to restrict sales of its H20 chip to China would result in a $5.5 billion hit to its earnings, causing a ripple effect among its peers in the industry.

The Philadelphia Semiconductor Index plummeted by 3.7%, bringing its year-to-date loss to over 22%. All 30 stocks within the index saw declines, with Nvidia being the hardest hit at a 6.4% drop. This news led to a 2% decline in the tech-heavy Nasdaq Composite and a 1.3% decrease in the S&P 500.

Tech stocks have been particularly vulnerable to the effects of President Trump’s tariff policies, which have created uncertainty and sparked concerns about economic growth. The Nasdaq had already entered bear market territory earlier in April, with a decline of over 20% from its peak in February. However, a temporary halt to reciprocal tariffs provided some relief, though the exemption of consumer electronics from additional duties was met with caution as semiconductors could still be subjected to tariffs in the future.

In Europe, stock markets were also down, with the Stoxx Europe 600 falling by 0.7% and London’s FTSE 100 by 0.2%. The dollar weakened against a basket of currencies, continuing its decline for the year. US Treasury yields remained steady, as did the prices of corporate credit exchange traded funds.

Bank of America analysts noted that the recent AI restrictions could impact stocks like Broadcom, Advanced Micro Devices, and Arm. Despite the challenges, they emphasized that AI remains a significant growth opportunity in the semiconductor sector, suggesting that Nvidia’s decline could present a buying opportunity for investors.

See also  AngloGold Ashanti delivers 607% increase in free cash flow in Q1 2025

The World Trade Organization warned that Trump’s tariffs could push the world into a recession, potentially causing a 7% drop in global output. Meanwhile, US retail sales data showed a surprising 1.4% increase in March, attributed to consumers rushing to make purchases before tariffs led to price hikes. However, economists are wary of the impact on consumer confidence and business spending in the coming months.

Overall, the market volatility and trade tensions continue to weigh on investor sentiment, highlighting the need for caution and strategic decision-making in the current economic landscape.

TAGGED:ChinacurbshitNvidiaRevealsSalesSinkstocksTech
Share This Article
Twitter Email Copy Link Print
Previous Article Fake Blood Vessels Mean Lab-Grown Chicken Can Now Be Nugget Sized : ScienceAlert Fake Blood Vessels Mean Lab-Grown Chicken Can Now Be Nugget Sized : ScienceAlert
Next Article Meet the DJs spinning Earth Day into nightlife – Grist Meet the DJs spinning Earth Day into nightlife – Grist
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

2025 NFL Draft Hopeful Dillon Gabriel Leads Youth Football Concussion Safety Effort

Quarterback Dillon Gabriel: A Champion for Player Safety In October 2022, Dillon Gabriel found himself…

April 25, 2025

Otago Spirit edge Harbour in 34-33 thriller

What a nail-biter of a game! The Otago Spirit managed to secure a thrilling 34-33…

August 9, 2025

Exclusive: Father of rapper Mello Buckzz charged in federal gun case days after deadly mass shooting

The recent arrest of Melvin Doyle, the father of rapper Mello Buckzz, on federal firearms…

July 8, 2025

Baldoni’s Past — Hid Racial Discrimination Before Lawsuit

Justin Baldoni, known for his role in "It Ends With Us," has recently been embroiled…

March 7, 2025

Apple reportedly revamping Health app to add an AI coach

Apple to Launch AI Coach in Updated Health App Apple is gearing up to release…

March 30, 2025

You Might Also Like

Alphabet hikes capex again after earnings beat on strong ad, cloud demand
Economy

Alphabet hikes capex again after earnings beat on strong ad, cloud demand

October 31, 2025
Cigna Profits Hit Nearly  Billion Despite Rising Costs
Health and Wellness

Cigna Profits Hit Nearly $2 Billion Despite Rising Costs

October 30, 2025
What is a merchant bank?
Economy

What is a merchant bank?

October 30, 2025
Scott Clifton Reveals Bold and the Beautiful Planned to Kill Liam
Entertainment

Scott Clifton Reveals Bold and the Beautiful Planned to Kill Liam

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?