Nvidia (NVDA) Retakes $114: Why Is Stock Surging Today?
One of the big stories of the year so far has been the increasingly volatile stock market. Indeed, a host of mega-cap stocks have failed to live up to their 2024 expectations. However, Nvidia (NVDA) has surged, with shares retaking the $114 level, with many wondering why the stock is surging to such heights today. A massive part of its rebound has been the ongoing tariff debacle from the Trump administration. Specifically, US President Donald Trump announced sweeping 10% import duties on all nations on what he called ‘Liberation Day.’ After the market tanked, he announced a 90-day pause that saw Wall Street skyrocket. But is that all that has been driving Nvidia upward? Source: Yahoo Finance Also Read: Why Amazon Could Surpass Nvidia in AI Value by 2030 – Here’s How Nvidia Jumps More Than 18% in Massive Bounce Back: But Why? Although Nvidia was among the biggest gainers in the US stock market last year, things changed drastically in 2025. The stock failed to live up to its 1...