Tariffs can have the unintended consequences of raising consumer prices and impacting the stock market. Two of the largest contributors to the market's gains in recent years were the consumer tech giant Apple ( AAPL 0.20%) and the artificial intelligence chip king Nvidia ( NVDA -0.02%). Which will be impacted the most by Trump's looming tariffs?

The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.

Tuesday's edition of Forbes Daily covers Dana White joining Meta, Nvidia's stock jump, Bezos' robotics investments, medical debt changes, bird flu death and more.

To that end, the computer starts at $3,000 and comes with a 20-core GB10 Grace Blackwell Superchip and 128GB of unified memory. Configuring a Mac mini with the M4 Pro chip, which has a 14-core CPU, and 64GB of RAM, costs $2,499 with 1TB of storage. A 1TB Mac Studio fitted with a 24-core M2 Ultra and 128GB of RAM brings the price to $4,799.

Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.

Dow Jones futures dropped Friday ahead of the imminent December jobs report. Nvidia sold off on new AI chip limits.

He added that just as India leapfrogged to mobile technology, the country should also shift faster to accelerated computing rather than general-purpose computing

Panasonic TVs are making a comeback in the U.S. Built around Panasonic's HCX Pro AI Processor MKII, its new OLED TV offers support for HDR10/HDR10+/Dolby Vision/HLG and Dolby Atmos audio. On the gaming front, you get a 120Hz panel with VRR, AMD FreeSync Premium, and NVIDIA G-Sync support. It comes in 55- and 65-inch size options.

There isn't a prize for being the largest company in the world by market cap, but it's a position that many companies envy. Right now, Apple (NASDAQ: AAPL) is the largest, although Nvidia (NASDAQ: NVDA) is right on its tail and may move in and out of first place depending on the market's daily swings.

TSMC, the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts and hit its own expectations as it reaped the benefit of artificial intelligence demand.

CES 2025 runs from Tuesday, January 7 to Friday, January 10, 2025. Those are the official show dates, although many announcements will take on the preceding two days (Sunday, January 5 and Monday, January 6), which are designated as media days.