Trump win could pose risks for US-China, Nvidia: Expert

01/25/2024 01:20
Trump win could pose risks for US-China, Nvidia: Expert

Former President Donald Trump’s win in the New Hampshire primary election further solidifies the possibility of Trump’s GOP nomination — and, perhaps, reelection. What would US-China relations look like under a Trump presidency, especially as geopolitical tensions mount over the AI chip race? Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance live to compare Trump and Biden’s policies towards technology and what the key differences would be. Semiconductor chip giant Nvidia (NVDA) could face a very distinct reception post-election depending on who wins, according to Munson. Noting President Biden’s “more diplomatic” approach to China, Munson suggests that Biden would be slower to cut even more ties, while Trump’s “mercurial” approach would be less forgiving. Trump’s more restrictive approach could be “very bad for stocks like Nvidia,” notes Munson. For companies that have exposure to China, Munson expects Trump or Biden to “accelerate” already existing policy towards China with key differences from each of them. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim

Former President Donald Trump’s win in the New Hampshire primary election further solidifies the possibility of Trump’s GOP nomination — and, perhaps, reelection. What would US-China relations look like under a Trump presidency, especially as geopolitical tensions mount over the AI chip race?

Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance live to compare Trump and Biden’s policies towards technology and what the key differences would be.

Semiconductor chip giant Nvidia (NVDA) could face a very distinct reception post-election depending on who wins, according to Munson. Noting President Biden’s “more diplomatic” approach to China, Munson suggests that Biden would be slower to cut even more ties, while Trump’s “mercurial” approach would be less forgiving. Trump’s more restrictive approach could be “very bad for stocks like Nvidia,” notes Munson.

For companies that have exposure to China, Munson expects Trump or Biden to “accelerate” already existing policy towards China with key differences from each of them.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Eyek Ntekim

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