Asian equity markets climbed on Wednesday, buoyed by fresh optimism around artificial intelligence and as investors prepared for the Federal Reserve’s upcoming policy decision. Major U.S. tech moves — such as Nvidia announcing $500 billion in AI chip bookings and Microsoft’s agreement with OpenAI — lifted sentiment. Meanwhile, oil prices rebounded on supply-concerns linked to Russian sanctions and potential OPEC+ production changes. Financial markets remain focused on whether the Fed’s next move signals more rate cuts ahead.