"The unpredictability of the president elect is now an overhang on basically all of tech," said Ted Mortonson, a managing director and tech desk sector strategist at Baird.
"That's our highest mandate," he said. "We will comply fully with any regulation that comes along," said CEO Jensen Huang regarding Nvidia's commitment to regulations under a potential Trump administration.
Sales to China, once making up a quarter of the company's revenue, accounted for just 12% of business last quarter, per Bloomberg.
Angelo Zino of CFRA Research said there's a possibility a more transactional approach from the Trump administration regarding China, compared to the current's administration blanket bans, could potentially benefit the world's largest company.
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