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- Nvidia shares rose more than 1% overnight.
- Reuters said the Nvidia was looking to start shipments of its H200 chips to China by mid-February.
- Australia is on track for its fourth straight day of gains.
- Singapore will release its November inflation reading, with economists expecting inflation to climb to the highest in 2025.
Asia-Pacific markets opened higher Tuesday, after AI trade lifted major Wall Street indexes overnight.
Nvidia shares rose more than 1% after Reuters said the company was looking to start shipments of its H200 chips to China by mid-February. Micron Technology climbed around 4%, while Oracle advanced more than 3%.
Australia’s S&P/ASX 200 rose 0.46% in early trade, on pace for a fourth straight day of gains.
Japan’s Nikkei 225 rose 0.18%, while the broad-based Topix saw a larger gain of 0.37%.
South Korea’s Kospi climbed 0.32%, with the small-cap Kosdaq gained 0.21%.
Hong Kong’s Hang Seng index futures were at 25,909, higher than the HSI’s last close of 25,801.77.
In Southeast Asia, Singapore will release its November inflation reading, with economists polled by Reuters expecting the city-state’s inflation rate to climb to the highest in 2025.