
How did Donald Trump's tariffs and the US-China trade war impact Nvidia stock?
Apr 18, 2025
ASML and Nvidia both took a hit in the markets, falling sharply due to rising concerns about US-China trade tensions and their potential impact on the semiconductor industry.
ASML, a critical player in chip manufacturing equipment, dropped 6.5 per cent, while Nvidia saw a 6.3 per cent after-hours on Tuesday.
The Dutch chip equipment giant’s slump came after it revealed weaker-than-expected bookings, citing a possible slowdown in demand for its machinery.
While the company affirmed its full-year revenue and margin forecast, it missed analyst expectations for the first quarter, reporting net bookings of €3.94bn.
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