Overview

• President Trump's global tariff plan triggered a $1.8 trillion selloff in Big Tech stocks, including Nvidia, last week.
• Nvidia's stock has experienced significant volatility, with sharp drops exceeding 10% followed by partial recoveries.
• Investor sentiment improved on April 8 as Nvidia and other 'Magnificent Seven' tech stocks rallied, buoyed by hopes of trade deal progress.
• Bilateral trade talks with Japan and comments from Treasury Secretary Scott Bessent suggesting quick tariff deals have fueled cautious optimism.
• Despite ongoing market turbulence, Nvidia remains a leader in the AI sector and is considered well-positioned for long-term recovery.