Nvidia shares dropped over 5% on Thursday, according to Barron's. The stock moves reversed some of Wednesday’s historic 19% rally after Trump paused some tariffs for 90 days. Morgan Stanley’s Joseph Moore maintained an Overweight rating and price target of over $160, citing Nvidia’s AI momentum and supply chain agility. Trump is still considering new semiconductor tariffs, and China may retaliate. The White House has reportedly delayed further restrictions on Nvidia’s H20 AI chip exports to China after CEO Jensen Huang pledged more U.S. investment.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA shares dropped over 5% on Thursday, according to Barron's.
00:05The stock moves reversed some of Wednesday's historic 19% rally after Trump paused some
00:10tariffs for 90 days.
00:11Morgan Stanley's Joseph Moore maintained an overweight rating and price targeted over
00:15$160, setting NVIDIA's AI momentum and supply chain agility.
00:20Trump is still considering new semiconductor tariffs, and China may retaliate.
00:24The White House has reportedly delayed further restrictions on NVIDIA's H20 AI chip
00:28exports to China after CEO Jensen Huang pledged more U.S. investment.
00:33For all things money, visit Benzinga.com slash GSTV.