TAO Reaches New Heights Following Nvidia’s China Commitment

The cryptocurrency TAO experienced a significant surge of 13% on April 18th, reclaiming its critical support level and pushing its market cap back above $2.2 billion. This rally comes after Nvidia confirmed its commitment to operating in China despite new U.S. export restrictions. Reports suggest that the company’s CEO, Jensen Huang, traveled to Beijing and met with Chinese trade officials. During this visit, Huang reaffirmed Nvidia’s dedication to serving the Chinese market while complying with local regulations.