NVIDIA CEO Jensen Huang gave a keynote speech at the 2025 Annual Consumer Electronics Trade Show at the annual Consumer Electronics Trade Show in Las Vegas, Nevada.
Steve Marcus | Reuters
U.S. President Donald Trump said on Thursday that he would temporarily suspend tariffs on Canada and Mexico, along with tariffs on Canada and Mexico, while threatening to impose a 25% tax on the EU on Wednesday.
These are the United States’ closest allies and largest trading partners. If tariffs are imposed, geopolitical frictions and economic consequences can be expected.
Some effects may have begun. Unemployed claims for the week ending February 22 were higher than expected and were the highest since early October. Big tech companies such as Google, Meta and Microsoft announced layoffs this year — while such cost-cutting measures may not be a direct response to tariffs, they are early signs that companies are trying to cope with rising import prices.
Nvidia may still be staring at the barrel of the gun. Most of NVIDIA’s advanced AI chips are made in Taiwan by TSMC. Trump complained during the campaign trial that the island had stolen U.S. chip business and said he would impose tariffs on Taiwan’s chips.
NVIDIA shares plummeted after chipmakers announced earnings on Wednesday, eliminating billions of dollars in market cap. If Taiwan’s tariffs were also imposed, the pictures would look uglier, not just chipmakers.
What you need to know today
NVIDIA loses $273 billion in value
Nvidia Stocks fell 8.5% on Thursday, Eliminate $273 billion worth And give the company a market value of US$2.94 trillion. This makes apple The only member of the $3 trillion club. So far, NVIDIA shares have lost 10% of its value in 2025 as the company faces investor concerns about export controls, tariffs, more effective AI models, and overall growth rate growth.
Trump says tariffs will continue
US President Donald Trump on Thursday Truth Society Position On Thursday morning, he proposed Mexico and Canada’s 25% tariff will come into effect on March 4. He also said that on the same date, China will face 10% tariffs (most importantly, the tariffs the country has faced. Trump added that reciprocal tariffs that will apply to U.S. global trading partners will begin on April 2. Meanwhile, Trump threatens to impose a threat to impose a 25% tariffs for the EU.
Tariffs and NVIDIA downturn in the market
The U.S. market was shocked on Thursday An investment by tariffs shaking and NVIDIA shares. this S&P 500 Retreat 1.59% Dow Jones Industrial Average 0.45% down, Nasdaq Composite Materials Falling 2.78% Stoxx 600 The index lost 0.46%, 4% lowered by the automotive sector When it responds to Trump’s tariff threat to the EU. Shares of aerospace companies Rolls-Royce Jumped 16% Optimistic guidance.
A higher than expected unemployment claim
U.S. unemployed claims this week ends February 22 According to seasonally adjusted 242,000, up 22,000 from last week’s revision level, higher than Dow Jones’ estimate of 225,000 U.S. Department of Labor Report Thursday. Claim levels match the highest level since early October 2024 and have raised questions about broader economic growth and worrying signs in a recent consumer sentiment survey.
Google layoffs
Google This week in its “People’s Action”, the company’s interpersonal relationship department and its cloud department told employees Planned layoffs as part of internal restructuringCNBC has learned it. According to sources and internal letters viewed by CNBC, some affected employees are in the role of Google’s cloud division in India and Mexico City. The number of layoffs is unclear.
(Pro) gold could hit $3,000, analysts say
Central banks from around the world have been mining gold in recent years, lifting precious metals to record levels. Now, due to ongoing geopolitical tensions, as well as inflation and trade issues, Gold bars will soon reach $3,000 for the first timeanalysts believe. Investors have several ways to obtain gold, each with its own fees and risks.
at last…
General view of the skyline from the Doha mountain iche island on March 31, 2022.
Nick Potts – PA Images | Getty Images
Qatar attracts VC fund managers with its $1 billion “fund”
The $1 billion fund program of the Katar Investment Authority (investment in international and regional venture capital funds) is designed to strengthen investment in areas such as technology and health care, as Qatar hopes to diversify from its major oil and gas industries.
Now, it has accepted its first group of venture capital fund managers. B Capital, a technology-focused company led by Facebook co-founder Eduardo Saverin, is one of the venture capital groups to open in Doha, opening its first Middle East office in the Katari capital. B Capital’s co-CEO Raj Ganguly brings support to Bay State’s AI approach and its support for the industry in particular.
