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Asian chipmaking heavyweights extended Wall Street's rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling's outlook.

Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.

Losses were most pronounced in Nvidia's direct suppliers, such as TSMC and SK Hynix Source link

Investors in Asia will look to stocks in the region that are related to or on Nvidia's value chain, such

A five-member team of the federal government's regional labor department visited the Foxconn factory near Chennai on July 1, according to Reuters.

Global markets this year have been largely driven by the themes of AI and central bank policy, and that is

Despite the fall seen in the first quarter, the company expects a better second quarter in terms of revenue. Source

Hon Hai Precision Industries will invest $1.54 billion in an Indian subsidiary for "operational needs," and hire builders for a

The outcome of this election will likely influence testy U.S.-China ties and impact security in the broader Asia-Pacific region. Source