positive
Recently
Asian Tech Shares Soar After Nvidia Earnings Surprise
Nvidia’s results spark a broad rebound in Asian tech, bolstering chipmakers and reinforcing AI demand optimism.
Nvidia’s blowout earnings and stronger-than-expected revenue forecast ignited a surge in Asian technology stocks. TSMC rose 3.6%, SK Hynix was up over 4%, and Samsung jumped 4.5%. The rally helped lift broader Asian tech-heavy indexes, easing fears of an AI bubble.
Investors cheered Nvidia’s sustained data-centre demand and confident outlook, suggesting renewed conviction in growth even amid valuation worries.