Asian chipmaking heavyweights extended Wall Street's rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling's outlook.
Nvidia dominates the AI chip market, but Huang said Wednesday that the rise of artificial intelligence is broader than just semiconductors.
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Asian chip stocks track Nvidia rally on AI hopesAsian chip stocks track Nvidia rally on AI hopes
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Asian benchmarks mostly decline as markets await Nvidia earningsAsian shares are trading mostly lower, despite a record high on Wall Street, as investors awaited a closely watched earnings report from Nvidia. Benchmarks fell in Tokyo, Sydney, Seoul, Hong Kong and Shanghai in Wednesday morning trading.
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