Nvidia Beat Lifts Asia Chip Stocks
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- Nvidia reported fiscal fourth-quarter revenue of $68.13 billion, up 73% year-over-year and beating analyst estimates of $66.21 billion, with over 91% of sales now coming from its data center unit.
- SK Hynix rose over 2% and Samsung Electronics climbed about 5%, buoyed by their roles as Nvidia suppliers—SK Hynix as a key high-bandwidth memory provider and Samsung as a decades-long partner.
- South Korean component makers LG Innotek surged almost 14% and Seoul Semiconductor soared 13% in early trade.
- Japan's TOPIX Information & Communication index climbed 2.6%, with Trend Micro jumping 5.95%, Sony Group rising over 3.86%, and SoftBank Group adding 5%.
- Japanese chip firms Advantest and Renesas bucked the broader rally, falling 2.35% and 1.75% respectively.
- Dan Ives of Wedbush Securities called the earnings a "positive read-through" for Asia supply chain players, citing the "explosion of data center demand."
Why it matters: Nvidia's data center unit now drives 91% of its revenue and grew 73% year-over-year, making its earnings the single biggest catalyst for Asian tech stocks. The rally was broad but not universal—Japanese chip-testing and equipment names Advantest and Renesas declined, showing investors are selectively positioning within the AI supply chain rather than buying indiscriminately.
