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Fortune

Marco Quiroz-Gutierrez

Nvidia says America's trade war with China is hurting revenue, warning Trump's tariffs have added a big 'unknown' to its future outlook

Donald Trump Nvidia China Jensen Huang Colette Kress Dan Ives United States

(Credit: Patrick T. Fallon—AFP via Getty Images)

Nvidia executives struck a cautious note on the company’s China business during its quarterly earnings call Wednesday. CEO Jensen Huang clarified the company’s China sales are half of what they were before the U.S. implemented export controls. Nvidia’s chief financial officer also said President Trump’s stance on China is an unknown that could affect the company’s future outlook.

Geopolitical issues with China have already cut into Nvidia’s bottom line—and President Trump’s tariff stance represents an “unknown” for the company as it looks to the future.

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