Trade Deal Optimism Fuels Nvidia Stock Recovery
Nvidia’s stock shows signs of resurgence as US-China trade negotiations spark optimism. The chipmaker, which faced a $5.5 billion impairment charge earlier this year due to export controls, gained over 3% following President Trump’s decision to rescind the ’AI diffusion rule’. Market attention now turns to the May 28 earnings report, which will reveal how Nvidia navigates both competitive pressures and regulatory hurdles.
The policy shift comes at a critical juncture for semiconductor stocks. Nvidia’s rebound reflects broader market sentiment that trade tensions may ease, though lingering export restrictions on AI chips continue to cast uncertainty over long-term growth prospects.