Tariffs can have the unintended consequences of raising consumer prices and impacting the stock market. Two of the largest contributors to the market's gains in recent years were the consumer tech giant Apple ( AAPL 0.20%) and the artificial intelligence chip king Nvidia ( NVDA -0.02%). Which will be impacted the most by Trump's looming tariffs?
NVIDIA, Apple and Geforce Now
Tuesday's edition of Forbes Daily covers Dana White joining Meta, Nvidia's stock jump, Bezos' robotics investments, medical debt changes, bird flu death and more.
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
To that end, the computer starts at $3,000 and comes with a 20-core GB10 Grace Blackwell Superchip and 128GB of unified memory. Configuring a Mac mini with the M4 Pro chip, which has a 14-core CPU, and 64GB of RAM, costs $2,499 with 1TB of storage. A 1TB Mac Studio fitted with a 24-core M2 Ultra and 128GB of RAM brings the price to $4,799.
Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.
Nvidia's GeForce Now is coming to Meta Quest 3 and Pico 4 Ultra devices later this month. Here's what that means for the mixed reality headsets.
At the Nvidia keynote at CES 2025, CEO Jensen Huang didn't waste anytime showing off the new GeForce RTX 50 Series. Huang walked onstage carrying the graphics card to a round of applause.
Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.
There isn't a prize for being the largest company in the world by market cap, but it's a position that many companies envy. Right now, Apple (NASDAQ: AAPL) is the largest, although Nvidia (NASDAQ: NVDA) is right on its tail and may move in and out of first place depending on the market's daily swings.
TSMC, the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts and hit its own expectations as it reaped the benefit of artificial intelligence demand.