Nvidia, Tesla lead tech stocks lower as Trump trade war threats rattle market
Yahoo Finance·2026-01-20 16:29

Nvidia (NVDA), Tesla (TSLA) and other tech stocks fell across the board Tuesday as President Trump’s escalation of trade war threats to Europe shook markets. Shares in AI chipmakers Nvidia and Broadcom (AVGO) dropped more than 3%. Tesla (TSLA) and Amazon (AMZN) sank nearly 3%, while Meta (META), Alphabet (GOOGL), and Apple (AAPL) dipped almost 2%. Oracle (ORCL) — the AI cloud provider carrying debt precariously close to junk-bond status — saw shares decline around 4%. Meanwhile, Nvidia-backed emerging AI ...