Asian stocks soar as more companies tie up with Nvidia
Updated
Updated · Bloomberg · May 3
Asian stocks soar as more companies tie up with Nvidia
12 articles · Updated · Bloomberg · May 3
Nvidia now relies on Asia for 90% of its supply chain, lifting shares in South Korea, Taiwan and China-linked firms over the past week.
Latest gainers included LG Electronics, Nanya Technology, Huizhou Desay SV Automotive and Pateo Connect Technology Shanghai on partnership, supply-chain or product-collaboration news.
The moves extend a widening Nvidia-driven rally as Asian manufacturers and technology groups become more deeply embedded in the US AI chip designer’s ecosystem.
Is Nvidia's 'supply-chain moat' a brilliant strategy or a fragile dependency that risks the entire future of AI?
Is Nvidia's $5 trillion valuation built on a 'green illusion,' fueling a fossil fuel lock-in across its Asian supply chain?