Tech Titans Clash: Nvidia Lifts Nasdaq While Tariff Jitters Drag Dow

Wall Street’s split personality emerges as chipmaker euphoria battles trade war indigestion.

Nvidia’s earnings smash sparks AI-fueled rally—meanwhile, old economy stocks wilt under tariff tantrums. Same market, parallel universes.

Funny how ’uncertainty’ only seems to punish industries that still make physical things. The cloud, apparently, is tariff-proof.

Traders are excited over Nvidia’s AI supercomputer

Nvidia’s stock was up post earnings call, gaining 2.69%, despite just barely hitting projections. The chipmaker reported revenue of $44.1 billion and EPS of 96 cents versus expectations of $43.31 billion and 93 cents per share.

Revenue was up 69% year over year, and investors were enthusiastic about the announcement of Nvidia’s new Blackwell NVL72 AI supercomputer. The “thinking machine,” as CEO Jensen Huang described it, is now in full-scale production. He also noted that demand for Nvidia’s AI infrastructure remains strong.