Nvidia Stock Rises 1.2% As Investors Weigh Strong Earnings Against U.S.-China Trade Tensions

Benzinga

Nvidia shares rose 1.2% on Monday as investors weighed strong earnings against renewed U.S.-China trade tensions, according to Barron's. Nvidia posted strong earnings last week but remains vulnerable to escalating U.S.-China trade tensions. The Chinese Ministry of Commerce accused the White House of violating trade agreements, days after Trump said China had “totally violated” its deal. Nvidia’s revenue could suffer if the U.S. and China fail to reach a trade agreement. Trump’s April ban on H20 chip sales prompted CEO Jensen Huang to warn of a $15 billion sales impact.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Vidya's shares rose 1.2% on Monday as investors weighed strong earnings against renewed U.S.-China

00:07trade tensions, according to Barron's. Vidya posted strong earnings last week and remains

00:11vulnerable to escalating U.S.-China trade tensions. The Chinese Ministry of Commerce

00:15accused the White House of violating trade agreements days after Trump sent China

00:19and totally violated its deal. Vidya's revenue could suffer if the U.S. and China failed to

00:24reach a trade agreement. Trump's April ban on H2O chip sales prompted CEO Jensen Huang

00:28toward a $15 billion sales effect. For all things money, visit Benzinga.com slash GSTV.

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