Most people don’t think about computer chips when they wake up. But today, those tiny pieces of silicon are making a lot of investors very happy. After a stellar run in the U.S., the “Nvidia effect” is heading east.
Asian stocks are expected to climb as the excitement over artificial intelligence continues to sweep through global markets. It isn’t just about one company anymore. It’s about a growing belief that the tech boom still has plenty of room to run.
The AI wave hits home
When Nvidia reports strong numbers or even just a bit of optimism, the ripples are felt everywhere. In Tokyo and Seoul, companies that supply the parts for these AI giants are seeing their own fortunes rise. It creates a domino effect that lifts entire indexes.
And it’s not just the tech sector getting a boost. When the big players are doing well, it tends to lift the mood for everyone else. Traders call it “risk-on” sentiment, but for the rest of us, it just means the market is feeling brave again.
Watching the dollar and the yen
While tech is grabbing the headlines, there’s still a lot of focus on currency. The yen has been on a wild ride lately, and that affects how Japanese stocks perform. But for now, the tech-fueled rally seems to be the main driver.
So, we’re looking at a green start for the day. Whether that momentum holds will depend on how the rest of the world reacts to the latest economic data coming out of the U.S. later this week.
Keep an eye on those chipmakers. They aren’t just building the future of AI; they’re currently steering the global economy.