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Anne van | Reuters
Reserves chips in Asia rose on Thursday after artificial intelligence, cute Nvidia’s stock has reached a record close return the title of the most valuable company in the world.
Sk Hynix South Korea’s stock, which supplies memory chips to Nvidia, received 3.53%. TSMC, which produces high -performance NVIDIA graphic processing, which help the power of large language models, increased by 0.47%.
Taiga She let the exact industry – Also known as Foxconn – was 0.77% higher. It has a strategic partnership with Nvidia Create “AI Factories”, that include Nvidia chips in a number of applications including electric cars and llm.
Several shares of Japanese chips also grew when the Nvidia lift caused wider optimism around the artificial intelligence sector.
Equipment provider for semiconductors Brave Scored 3.93%to reach a record high. The Japanese conglomerate technology Soft banksHaving a share in British Chip Designer ARM saw the stock jump 4.38%.
Tokyo Electron and Lasertec They rose by 2.13% and 1.57% respectively. Electronic renaissances Added 2.22%.
“Restoration of Asian shares reflects the confidence in the further expansion of demand for II,” said Kingsley Jones, a founder and CIO for the Jevons Global Boutique Advisory Boutique.
“It seems that tariff fears are implemented, and therefore Japanese, South Korean and Taiwan names have returned to the menu,” he said CNBC, adding that Nvidia is moving in the sector.
Nvidia’s shares rose by 4% on Wednesday, closing a new maximum since January.
The rally ended with a $ 154.31 session, heading its previous closing record of $ 149.43 since January 6. At a market value of 3.77 trillion. Nvidia is now the most valuable company in the world that has been conducted by the past Microsoft.
The rally reflects the growth of investors’ confidence in the dominance of chips in artificial intelligence despite the export restriction to China.
In April, the Trump administration implemented new rules that blocked the HP20 AI Nvidia chip sales, which was designed to fulfill previous restrictions. Nvidia said this step would reach its $ 8 billion sales, as well as $ 4.5 billion.
—Cnbc KIF Leswing has contributed to this report.