This seems to me to be very big news. Interesting that the news is out there just before NVDA’s earnings release next week.
Are these cost increases going to cut any demand for the servers? Seems like this type of thing definitely won’t have been properly budgeted for by the hyperscalers.
Monday is going to be interesting. Naz futures were already down a lot on Hyperliquid with the Canadian tariffs news. This NVDA news certainly won’t help.