Wall Street bounced back a bit from its losses this week.
Benchmarks in Tokyo and Seoul sank more than 3%, after Nvidia and other AI-related shares pulled U.S. stocks lower.
Although Nvidia has not been the market's favorite AI trade this year, analysts covering the name see a recovery ahead as demand trends appear strong.
Nvidia is at the center of the artificial intelligence boom, and counts every major cloud company and AI lab as a customer.
Company set to beat Wall Street expectations but analysts await projections for future demand for firm’s AI chips
As OpenAI and Big Tech powerhouses buy more and more Nvidia chips, annual revenue has gone from $27 billion in 2022 to a projected $208 billion this year.
The chip maker says revenue for the three months to October jumped 62% to $57bn.
Nvidia delivered record third-quarter sales and robust guidance, beating Wall Street estimates and reassuring investors worried about an AI bubble.
Nvidia's upbeat forecast likely lifted investors' sentiment around the AI trade.
Amid a blackout of data due to the government shutdown, the $5tn chipmaker’s report took on wider significance
Investors cheer forecast-beating results from chipmaker, as attention turns to delayed US employment report
The AI chipmaker's strong quarterly earnings have boosted global AI stocks.
Nvidia's strong third-quarter earnings come as appetite for AI appeared to be cooling.
Leading US stock markets tumble less than 24 hours after strong results from chipmaker Nvidia sparked gains
Investors had looked to Nvidia's earnings report to settle fears that the AI bubble is on increasingly shaky ground.