Nvidia Stock Rises 1.2% As Investors Weigh Strong Earnings Against U.S.-China Trade Tensions

Nvidia shares rose 1.2% on Monday as investors weighed strong earnings against renewed U.S.-China trade tensions, according to Barron's. Nvidia posted strong earnings last week but remains vulnerable to escalating U.S.-China trade tensions. The Chinese Ministry of Commerce accused the White House of violating trade agreements, days after Trump said China had “totally violated” its deal. Nvidia’s revenue could suffer if the U.S. and China fail to reach a trade agreement. Trump’s April ban on H20 chip sales prompted CEO Jensen Huang to warn of a $15 billion sales impact.