Shares of Nvidia surged over 18% after markets rallied on Trump’s announcement of a 90-day tariff pause and a reduction in reciprocal tariffs, according to Yahoo! News. The move sparked investor optimism as major indices climbed, with many viewing the tariff pause as a step toward a more rational trade policy. Trump excluded China from the pause and signaled a steep increase in tariffs on Chinese goods to 125%. Nvidia’s frequent large price swings suggest the market sees today’s jump as noteworthy but not a shift in its overall view of the company.
