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

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

Quick Summary:

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.

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Some firms are increasing their production capacities within the U.S., while others have halted planned construction projects in Mexico.