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Asian Tech Stocks Shine as Markets Weigh Latest Tariff Twists - WSJ

1. Asian tech shares rose, aided by easing U.S. chip export restrictions. 2. Nvidia and AMD to resume chip shipments to China after U.S. assurances. 3. Market sentiment mixed due to ongoing uncertainty over U.S. tariffs. 4. U.S. inflation data suggests tariffs are impacting prices and future rate cuts. 5. Investors await further decisions from President Trump, causing market caution.

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FAQ

Why Bullish?

Nvidia's resumed chip shipments to China could substantially boost revenues, similar to previous market reactions in 2020 following easing restrictions.

How important is it?

The news directly affects Nvidia's business prospects in China, highlighting a key market for growth post-restrictions.

Why Short Term?

Immediate effects expected as Nvidia can fulfill orders, influencing Q3 earnings this fiscal year.

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