Nvidia (NASDAQ: $NVDA) Advances AI Strategy Amid Tariff Pause

Nvidia (NASDAQ: NVDA) is quickly strengthening its positions in artificial intelligence and data center technologies. This comes as the U.S. government temporarily halts new export restrictions, offering relief to the semiconductor sector.

Nvidia will continue selling its H20 AI chips to China following a decision not to enforce new trade limits. This followed a key meeting between CEO Jensen Huang and former President Donald Trump. The announcement eased concerns over losing access to a major international market. Nvidia recently introduced its latest innovation, the Blackwell Ultra AI chips, at the GPU Technology Conference. These chips target the rising demand for high-performance computing used in AI systems. The move could boost Nvidia’s market lead as competition grows.

Market volatility followed the government’s tariff update. Nvidia stock surged nearly 19% after the 90-day tariff pause announcement, excluding China-specific measures. The next day, the stock dropped 5.8% to close at $107.74.

Technical Analysis

Nvidia's price bounced sharply from the $92 support zone. This area has attracted strong buying activity. The RSI is currently at 44, showing neutral market momentum. The key resistance level to watch is $153.13. If the price breaks this level, it could rise toward a new all-time high. Failure to do so may lead to a pullback toward $92.

Watch the $153 level closely for confirmation of trend direction. Nvidia's recent price movement leaves room for both uptrend continuation and short-term correction depending on upcoming market signals.