Instrument Panel Gauges

Instrument panel gauges failed to come on. Checked and reseated the fuse. After that the gauges worked fine. Fuse was not loose or corroded. Does removing the fuse reset a computer module?

Maybe, but it’s more likely that the fuse holder contacts are a little loose and reseating the fuse restored contact.

You need to be more specific on the vehicle. Some have digital dashboards where the Body Control Module might have been reset when you removed the fuse.