Nvidia Fuels Asian Market Rise as Tech Stocks Surge
The Asian markets mostly showed gains on Friday after the US stocks surged led by Nvidia and other technology companies.
Nvidia's strong quarterly earnings report, which beat analyst expectations, was a key driver of the market's rise. The chip giant's revenue growth forecast exceeded estimates, indicating that demand remains high for AI chips.
Shares in Tokyo's Nikkei 225 rose by 0.8% to 66,682.88, while Hong Kong's Hang Seng added 0.3% to 25,648.40. The Shanghai Composite index was nearly unchanged at 3,956.28.