Nvidia stock price drops 4% as Trump tariff threats hit tech; China H200 decision stalls
Nvidia shares fell 4.3% to $178.20 Tuesday after President Trump raised tariff threats and reports surfaced of export hurdles for its H200 AI chip to China. The S&P 500 dropped 2.04% and the Nasdaq slid 2.38%. Taiwan’s Inventec said the H200 chip remains blocked by Chinese customs despite recent U.S. approval. Nvidia also invested in AI startup Humans&, which raised $480 million at a $4.48 billion valuation.