While it’s not clear what the exact impact on Nvidia might be, new tariffs would raise barriers to trade and would almost certainly cause problems for its supply chain.

Semiconductor Manufacturing International Corp.’s stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks tied to competition and geopolitical tensions.

Dow Jones futures dropped Tuesday on President-elect Donald Trump's tariff threat on China, Canada and Mexico. Nvidia is at a key level.

Nvidia’s China sales currently accounts for around 15 percent of its total revenue—a drop from 26 percent two years ago.

Nvidia CEO Jensen Huang emphasized the company's quarter-century presence in China's technology ecosystem during a speech at the Hong Kong University of Science and Technology, highlighting how the region helped shape the now-dominant artificial intelligence chip manufacturer.

Nvidia CEO Jensen Huang said today's AI doesn't provide the best answers and more computational power is necessary.