➀ Nvidia may avoid recent tariffs on its AI servers due to their production in Mexico, which accounts for 60% of their AI datacenter servers;
➁ The tariffs could potentially affect Nvidia's datacenter shipments to U.S. hyperscalers;
➂ Nvidia's DGX and HGX servers are sorted under U.S. Harmonized Tariff Schedule (HTS) codes that are exempt from U.S.-Mexico tariffs due to the USMCA trade agreement.