A pause in tariff implementation has a domino effect on investor sentiment. When trade friction decreases, capital tends to flow more freely. This was evident in the immediate uptick in tech stocks and semiconductor firms such as Nvidia, which had been impacted by uncertainty around export regulations.
When Nvidia was founded in 1993, it was best known for designing graphics cards for gaming. That world changed in 2006 when it introduced CUDA, a parallel computing platform that allowed researchers and developers to use GPUs for non-graphical tasks. This moment laid the foundation for a revolution in AI.
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