Nvidia Report Lifts Asian Chip Stocks as Much as 5.5%, Samsung and TSMC Surge

GateNews
According to Bloomberg, Asian chipmakers rose as much as 5.5% following Nvidia's latest earnings report, with Samsung, SK Hynix, TSMC, and other major suppliers climbing. LG Electronics and Hyundai Mobis surged more than 20%, while MediaTek hit its daily trading limit in Taiwan. Nvidia CEO Jensen Huang said AI demand is expanding beyond large cloud companies into robotics, automated vehicles, and lower-end chips. Bloomberg data showed Asian suppliers now account for roughly 90% of Nvidia's production costs, up from approximately 65% last year.
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