HANOI (Reuters): Equities in Taiwan and South Korea rose on Thursday as chip-related stocks jumped after US chipmaker Nvidia's outlook beat expectations and currencies rose marginally higher with Federal Reserve minutes cementing bets the central bank will not cut rates soon.
Taiwan shares rose as much as 1.1% to hit a fresh all-time high, while stocks in South Korea added as much as 0.7%. Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates on towering demand for its industry-leading artificial intelligence chips.
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