Asian stocks hit by Fed risks, tech rallies on Nvidia optimism By Investing.com

⚠️BREAKING: *ASIAN-PACIFIC STOCKS TRADE MIXED ACROSS THE REGION AMID FED RISKS, TECH SHARES RALLY ON NVIDIA OPTIMISM - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳

) forecast first-quarter revenue above market estimates and cited increased demand for chips used to power artificial intelligence services.

Shares of the firm jumped more than 8% in aftermarket trade, with gains also spilling over into Asian stocks, many of which are suppliers to the chipmaker. Taiwan Semiconductor Manufacturing Co , which is among Nvidia’s biggest subcontractors, jumped over 2%.

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