Market Braces for NVIDIA Earnings Amid AI Trade Scrutiny; Trump Aides Slow-Walk Semiconductor Tariffs
Key TakeawaysNVIDIA's (NVDA) upcoming earnings report is poised to be a critical market stress test, with Wall Street scrutinizing whether a projected 50%+ surge in profit and revenue can justify the aggressive AI spending or expose an overstretched AI trade.Trump administration aides are reportedly slow-walking promised semiconductor tariffs on China, fearing potential supply shocks in rare earths, though "triple-digit duties" could still be imposed without warning.Abbott Laboratories (ABT) is reportedly n ...