Tech stocks drop as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025.Brittany Hosea-small | ReutersTechnology stocks dropped Wednesday, led by a 7% plunge in Nvidia, as the chipmaking sector signaled that President Donald Trump's sweeping tariff plans could hamper semiconductor demand.Nvidia revealed in a filing Tuesday that it take a $5.5 billion charge in the first quarter tied to exporting its H20 graphics processin...
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