Asia Chip Shares Rise as Nvidia Shows New AI Products at CES
- Toyota stock jumps as Huang announces carmaker as customer
- Chipmaking equipment suppliers rose in anticipation of keynote
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Asian chip-related shares extended gains as Nvidia Corp. chief Jensen Huang unveiled new products featuring the company’s Blackwell chips at the CES trade show in Las Vegas, renewing optimism over AI demand.
In Japan, Nvidia chip gear suppliers Tokyo Electron Ltd., Advantest Corp., Disco Corp. and Lasertec Corp. all surged at least 6%. In Taiwan, Nvidia assembly partner Hon Hai Precision Industry Co. climbed as much as 4.1%, while Taiwan Semiconductor Manufacturing Co. rose as much as 3.1%.