Exploring the Potential Impact of Kamala Harris on Nvidia Stock
Exploring the Potential Impact of Kamala Harris on Nvidia Stock

Written By Michael Gary Scott

Vice President Kamala Harris sitting behind a desk and smiling.

Kamala Harris. Official White House Photo by Lawrence Jackson.

Relevant Economic Policies Proposed by Harris

Since becoming the Democratic presidential nominee, Harris has introduced various economic policies, such as tax cuts for working Americans, targeting corporate price gouging, strengthening Obamacare, and addressing the U.S. housing shortage through incentives and tax credits.

Harris has also suggested raising the corporate tax rate from 21% to 28% and quadrupling the tax rate on corporate stock buybacks while offering new tax credits to support critical industries.

Potential Impact on Nvidia

Nvidia’s effective tax rate has been significantly lower than the proposed 28%, showcasing its ability to navigate tax codes effectively. While Harris’ tax policies on stock buybacks could prompt a shift in Nvidia’s capital allocation, it may not drastically impact the company’s operations.

Though tax credits for AI data centers and the semiconductor industry could benefit Nvidia, the exact implications remain uncertain without specific details on the policy.

Forecasting Nvidia’s Performance under Harris

While Nvidia’s stock may experience growth under a Harris administration, it’s unlikely to be solely attributed to her policies. The company’s success primarily hinges on the demand for its GPUs rather than governmental initiatives.

Nvidia’s ability to sustain strong market performance depends on multiple factors beyond political landscapes.

Investment Considerations

Before investing in Nvidia, investors should weigh various factors, including market trends, technological advancements, and company performance, rather than solely focusing on potential political outcomes.

Investors should conduct thorough research and consider diverse sources of information before making investment decisions.

Author has no position in any mentioned stocks. This article is for informative purposes only, and individuals should seek financial advice before investing.

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Newegg’s FantasTech II Sale Brings Tech Enthusiasts A Frenzy

Newegg Unveils FantasTech II Sale

Newegg Commerce, Inc., a pioneer in computer and technology products, has set the stage for a tech extravaganza with its forthcoming FantasTech II Sale. Scheduled to run from October 7 to October 11, this sale event promises substantial markdowns on a plethora of tech products – from cutting-edge laptops, computer components, gaming peripherals, and smart home gadgets, to its exclusive line of ABS Gaming Desktops. Proudly assembled by Newegg, the array of items on sale caters to both average consumers and tech connoisseurs alike, making it one of the must-sees of the year.

(Graphic: Business Wire)

Newegg’s VP of Product Management, Jim Tseng, expressed his elation as they commence the fourth quarter with a bang. The fervor around their first FantasTech Sale, which encompassed unbeatable deals across over 50 categories, has set the bar high for their upcoming event. Tseng underlined the significance of this sale by stressing how customers need not postpone their shopping spree until the holiday season arrives. The time is ripe to fulfill tech needs, as per Tseng.

Extending their returns policy for the holiday season, Newegg has also partnered with Affirm to unlock extra savings for customers. This collaboration aims to provide users with an optimal period for purchasing or constructing their dream PCs.

Essential Sale Details:

Sale Dates: October 7 – October 11

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