Nvidia’s Next Act, TSMC’s New Fab: Saturday Asia Briefing
Everything for the weekend.
Jensen Huang, stock market savior.
Photographer: Annabelle Chih/BloombergThis article is for subscribers only.
This week, China’s stock boil blew up the quants, the Nikkei made it back to where it was 34 years ago, the US made it back to where it was 42 years ago, and Nvidia did what Nvidia does, only more so. Here’s what could happen next.
An eight-day rally—the longest since 2020—lifted a key Chinese index 10% above the five-year low recorded earlier this month. So why are investors still cautious? Across the sea, investors have few such qualms about record-breaking Japanese stocks.