Nvidia shares rose in premarket trading Monday, according to Barron's. The chipmaker's gains came as the White House may delay tariffs on semiconductor imports from Taiwan, where Nvidia’s top chips are made. A report said sector-specific tariffs are unlikely to be announced on April 2, when reciprocal trade actions are expected. The news boosted broader market sentiment, with S&P 500 futures also climbing. Washington appears to focus on diplomatic pressure to control chip exports to China rather than expanding sanctions. Malaysia’s trade minister said U.S. officials are urging the country to monitor the movement of Nvidia chips closely.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA shares rose in pre-market trading Monday, according to Barron's.
00:05The chipmaker's gains came as the White House made delayed tariffs
00:08on semiconductor imports from Taiwan, where NVIDIA's top chips are made.
00:13A report said sector-specific tariffs are unlikely to be announced on April 2nd,
00:18when reciprocal trade actions are expected.
00:21The news boosted broader market sentiment.
00:23The S&P 500 futures also climbed.
00:26Washington appears to be focusing on diplomatic pressure
00:29to control chip exports to China rather than expanding sanctions.
00:33Malaysia's trade minister said that U.S. officials
00:36are urging the country to monitor the movement of NVIDIA chips closely.