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Asia-Pacific markets rose Thursday, as chip shares rallied after Nvidia 's stronger-than-expected earnings and bullish forecast appeared to reinforce confidence in the global AI trade and boost the broader market.
Shares of the chip giant jumped more than 4% in extended trading after its fiscal third-quarter earnings beat earnings and revenue expectations. The AI chip darling also gave a stronger-than-expected fourth-quarter sales forecast, with CEO Jensen Huang saying demand for its current-generation Blackwell chips is "off the charts."
Japan's benchmark Nikkei 225 index jumped 3.7% in early trading, while the Topix index added 1.67%.
Chip-related stocks rallied on the index as investo

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