The Trump administration is easing its stance on Nvidia’s H20 chip after a meeting between President Trump and Nvidia CEO Jensen Huang. This has resulted in a rise in Nvidia’s shares by four dollars, reaching $100.30.
Before this news, Nvidia’s stock had fallen to a low of $86.62 on Monday and rebounded to a low of $94.46 the previous day. Its peak was noted at $105.85, while the highest price today has been $101.18.
Recent Price Action
This recent price action suggests a bounce-back in momentum, prompted by a clear policy shift at the top. Huang’s direct engagement with the president appears to have reassured investors, sparking the modest uptick we’ve now seen in share value. The prior downward movement hinted at uncertainty around regulatory friction, specifically related to Nvidia’s H20 chip, which has come under scrutiny due to its applicability within sensitive international markets. However, clarity offered behind closed doors now seems to be restoring some confidence.
Looking at the daily range, the movement from Monday’s low of $86.62 towards today’s high suggests that buying pressure has returned, although it remains cautious. Resistance appears to be forming in the $100–$102 range based on technical indicators, with the earlier peak of $105.85 serving as a marker of prior bullish enthusiasm. Support has developed more organically around the $94 zone, judging by the recurrent rebounds near that level.
Volume in recent sessions confirms that many are positioning ahead of what could be further guidance from the administration or corporate disclosures. The $4 rise in a single session is notable in a stock already trading above $80, especially coming off its recent volatility.
Market Sentiment
Action-wise, we note that options traders are already pricing in a wider range over the next fortnight, with implied volatility rising modestly. Contracts with near-term expiry have skewed slightly bullish, reflecting a lean towards further upside, though open interest remains evenly distributed across strikes.
From our perspective, the meeting between Trump and Huang acts as a short-term stabiliser, but it doesn’t remove the longer-term questions markets may pose about export-reliant revenue streams. Nonetheless, for the time being, sentiment recalibration has begun, and this suggests less downside pressure in immediate terms.
Cautious positioning could remain prudent. We expect delta-neutral strategies may become favourable near the current price band, especially for those looking to extract value without directional commitment. As spreads widen on both sides of the current spot price, traders might look to exploit premium decay or enter defined-risk positions that benefit from a mild retracement or stagnation in price.
In addition, Huang’s influence on the market has now been clearly demonstrated through share behaviour following his direct intervention. The outcome of this interaction reinforces the importance of executive guidance in shaping share sentiment under uncertain regulatory conditions. There’s no room here for speculative bets without a close eye on Washington’s tone, so we remain watchful for any follow-up statements from either party.
