Because Nvidia is still growing its revenue rapidly, using trailing earning metrics can give a false impression of where the company is headed. However, they're also useful in this case because its future had a wrench thrown into it thanks to DeepSeek's breakthrough.

Nvidia Corp.’s stock is declining in Monday action as investors weigh the potential for tariffs to impact chip companies and continue to assess the fallout from DeepSeek. Shares of Nvidia are down 3.4% in midday action to rank among the worst performers in the PHLX Semiconductor Index The stock has pared losses with President Trump now saying he has agreed to pause the Mexico tariffs for a month.

Even though Google's services are largely unavailable in China, the company is being targeted as part of a response to US tariffs.

China wants to know if Google’s Android OS is harming its smartphone market Nvidia under fire following its acquisition of Mellanox Technologies Intel dominates the Chinese CPU market Chinese antitrust regulators have reportedly reopened probes into US tech giants Google and Nvidia,

Beijing has revived antitrust investigations into Google and Nvidia, while considering a new probe against Intel, as China looks for new leverage against US President Donald Trump. China’s State Administration for Market Regulation announced on Tuesday that it had opened an competition investigation into Google,