NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research.
Shares of leading designer of graphics chips Nvidia (NASDAQNVDA)
fell 5.4% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. On Sunday, March 9, 2025, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors.
The sell-off was particularly pronounced in the tech sector, with the Nasdaq falling 3.5% into correction territory, while the S&P 500 also posted a 2.7% decline.
Part of the entire Market being in flux is because it appears that the 'powers that be' are actively trying to devalue the US dollar. That's what China does, to improve its prices for exports and make it tougher on imports.
JPMorgan analyst weighs in on hardware and networking sector, suggests companies with software-driven hardware and infrastructure focus will weather the storm.
