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Benzinga
Benzinga
Technology
Anusuya Lahiri

Nvidia, Intel Suppliers Rethink Mexico Operations Amid Trump's Tariff Threat

Nvidia Intel Corporation Mexico Donald Trump Nasdaq Satya Nadella United States

Nvidia Corp (NASDAQ:NVDA) stock is trading lower Wednesday amid reports indicating that Nvidia and Intel Corp (NASDAQ:INTC) suppliers are reevaluating their manufacturing strategy in Mexico due to the threat of tariffs.

President-elect Donald Trump has pledged a 25% tariff on all imports from Mexico, a critical manufacturing hub for companies like Nvidia, Advanced Micro Devices Inc (NASDAQ:AMD), and Intel.

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