Usman Salis
⬤ Nvidia shares erased their morning drop and closed more than 2 % above the open. The stock rose about 2.5 % after headlines suggested US-China trade tensions might ease. NVDA lifted from roughly $178 at the day's low to near $182.80 in the afternoon, with buyers appearing at every step.
⬤ The rebound did not come in a single leap - it gathered speed hour by hour. From $178 the price edged upward through a string of higher closes, finally moving past $182. Each small up candle shows fresh bids rather than one large order, which points to genuine demand.
⬤ The trigger appears to be renewed hope that Washington besides Beijing will ease trade restrictions. For chip firms such macro news alters supply routes, export licences and broad tech confidence. NVDA's jump illustrates how fast semiconductor stocks respond when the trade outlook brightens, even modestly.
⬤ The chart shows an almost uninterrupted climb. Instead of erratic swings, the line simply rose as the hours passed. That steady gait normally means the narrative convinces traders and draws extra buyers while the session runs. Chip names react sharply to geopolitical headlines and today's lift is a clear case of sentiment turning as trade fears recede.
⬤ The episode underlines how heavily the market now weighs US-China dialogue. A slight softening in tone resets expectations for tech exports and chip demand, which in turn resets how traders value Nvidia. As comments on trade keep shifting, NVDA's instant reaction shows the sector remains on high alert for any clue that might alter cross border commerce.
Usman Salis
