Asian Stocks Extend Gains but Traders Keep Eye on Nvidia Crisis
4 Articles
4 Articles
The recent turbulence at Nvidia has little impact on Asian stock exchanges. The most important indices are slightly firmer in early trading.
Asian stocks extend gains but traders keep eye on Nvidia crisis
Companies linked to the artificial intelligence sector have enjoyed a healthy bounce in recent days after last week's selloff sparked by regulatory concerns following the Democratic sweep of Congress last week. The upcoming IPO of Anthropic and positive earnings from the likes of ChatGPT-maker OpenAI and data centre operator CoreWeave -- which soothed worries about its financial health -- have reinforced optimism. Chipmakers SK hynix, Samsung, K…
Asian stock markets moved mixed, influenced by the sell-off in Nvidia shares. Investors are scrutinizing US economic data for inflation clues.
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