- Nvidia shares fell nearly 9% on Monday after President Donald Trump confirmed that tariffs from Canada and Mexico will go into effect on Tuesday.
- The company’s shares are now trading at the same price they were in September, before the U.S. presidential election.
- Nvidia, having shed its $3 trillion market cap, is worth $2.79 trillion after Monday’s slide knocked another $265 billion off the company’s valuation.
Nvidia
shares fell nearly 9% on Monday after President Donald Trump confirmed that tariffs from Canada and Mexico will go into effect on Tuesday.
The chipmaker’s shares retreated on a bad day for the market. The Dow, of which Nvidia is a component, tumbled 800 points, or 1.8%, and the Nasdaq Composite slid more than 3%.
Nvidia shares are now trading at the same price they were in September, before the U.S. presidential election. The company, having shed its $3 trillion market cap, is worth $2.79 trillion after Monday’s slide knocked another $265 billion off Nvidia’s valuation.
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https://www.cnbc.com/2025/03/03/nvidia-shares-fall-9percent-on-tariff-fears.html