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Asian stock markets have mostly advanced following stronger-than-expected earnings from chipmaker Nvidia.
Nvidia reported a 73% year-over-year quarterly revenue jump to $68 billion, surpassing expectations.
KEY POINTS
- Japan's Nikkei 225 crossed 59,000 for the first time before settling at 58,715.33.
- South Korea's Kospi index surpassed 6,000 for the first time, gaining 44% year-to-date.
- Japanese Prime Minister Sanae Takaichi appointed two pro-low-interest economists to the central bank board.
- Nvidia forecasted next-quarter revenue of $78 billion, exceeding Wall Street estimates.
COMPANIES
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