In early April, the United States announced broad global import tariffs, which the markets quickly dubbed the “Liberation Day” tariffs. These tariffs sent shockwaves throughout the technology sector, and Nvidia (NVDA) was no exception, with its stock coming under heavy selling pressure.
Investors found some relief on April 9, when President Donald Trump announced a 90-day pause on higher reciprocal tariffs, with the exception of China, which now faces a 125% import tariff. Along the way, some influential market players remained confident in Nvidia’s resilience.
