Nvidia (NVDA 14.89%) stock surged 14.1% in Wednesday trading, fueled by President Trump’s announcement of a 90-day pause on tariffs for most countries, except China, where rates will increase to 125%. Additionally, Nvidia’s partnership with Alphabet was highlighted at the Google Cloud Next conference, where they will launch new AI services and Nvidia’s new Vera Rubin GPUs will be utilized by Google Cloud. Despite today’s gains, Nvidia’s stock is still down approximately 17.5% year to date.