Stocks have tumbled in recent weeks as President Donald Trump set out a tariff plan on products from countries around the world, and the biggest decliners have been in the tech sector. A tax on these goods as they cross the U.S. border would weigh heavily on tech companies’ costs, translating into pressure on earnings. All of this pushed the tech-heavy Nasdaq Composite into a bear market and left many market giants like artificial intelligence (AI) chip leader Nvidia (NASDAQ: NVDA) and internet search and cloud powerhouse Alphabet at bargain valuations.Read More
Tariff Turmoil: Are Tech Stocks Out of the Woods?
