Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks.
In Japan, the Nikkei 225 re-grouped 671.41 points, or 1.3%, to 50,883.68.
Japanese artificial intelligence-related companies rose: Advantest, which supplies testing equipment to Nvidia, rose 3.15%, chipmaker Renesas Electronics gained over 3%, while chip equipment maker Disco Corp advanced more than 6%.
In Hong Kong, the Hang Seng recovered 550.49 points, or 2.1%, to 26,495.90.
Shares of Chinese autonomous vehicle firms WeRide and Pony.ai fell over 12% and nearly 8%, respectively, in their market debut in Hong Kong. Both companies are already listed in the United States.
Pony.ai raised gross proceeds of HK$6.7 billion (about $860 million U.S.) in its IPO, according to a filing. WeRide raised HK$2.4 billion.
Korean stocks made headway. Shares of Nvidia-supplier SK Hynix closed 2.42% higher.
In other markets
The CSI 300 in Shanghai gained 66.15 points, or 1.4%, to 4,693.40
In Korea, the Kospi forged ahead 22.03 points, or 0.6%, to 4,026.45
In Singapore, the Straits Times Index progressed 67.87 points, or 1.5%, to 4,484.99
In Taiwan, the Taiex zoomed 182.39 points, or 0.7%, to 27,899.45
In Australia, the ASX 200 revived 26.32 points, or 0.3%, to 8,828.27.
In New Zealand, the NZX 50 sank 44.17 points, or 0.3%, to 13,576.81.
