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Asia-Pacific markets were set to open mixed Thursday as investors digested Nvidia
’s latest quarterly beat — released after the closing bell stateside — which appeared to restore confidence in major technology stocks.
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.”
Investors in the region will be looking at Asian tech stocks related to Nvidia and the broader AI chip supply chain.
