Nvidia has been ahead of most Mag7 shares since Trump’s tariffs
Since President Trump announced the country-specific tariffs on April 2, Nvidia shares have been performing better than almost every other MAG 7 company.
Trump has shaken the market after announcing large tariffs on the closest trading partner in the US. Since then, stocks have been in bumpy rides. The administration has suspended many of those taxes, including the toughest rates in China.
Nvidia’s shares have risen 23% since April 1, according to data from Dow Jones Market. Another Mag 7 strain that will improve over that period is Tesla, an increase of 35% since April 1st.