Asian Stocks Rise on US Tech Gains and Strong Nvidia Earnings

Asian stock markets mostly rose on Friday following an uptick in US stocks led by Nvidia and other tech companies.

Nvidia's shares surged 8.7% after delivering stronger profit and revenue for its latest quarter, exceeding analysts' expectations. The chip giant also forecasted higher revenue growth, suggesting strong demand for AI chips remains intact.

The Nikkei 225 in Tokyo climbed 0.8%, while Hong Kong's Hang Seng added 0.3%. Taiwan's Taiex surged 1% but South Korea's Kospi fell 1% to 6,841.50.

In the US bond market, Treasury yields ticked higher after a report on unemployment benefit applications indicated a solid job market.