Malaysia Pulse delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
Nvidia has raised $25 billion through a US bond offering, its first corporate debt issuance in five years. The sale attracted $85 billion in investor demand, double the initial $20 billion target.
Chipmaker Nvidia reported an 85% revenue surge to US$81.6 billion in the latest quarter, powered by surging global demand for artificial intelligence processors. The company forecasts even stronger results ahead.
Asian equities gained sharply Thursday, lifted by Nvidia's forecast-beating results and Samsung Electronics' tentative wage deal that averts a major strike. South Korea's KOSPI jumped over 8% while Taiwan rose nearly 4%.
Indonesian equities and the rupiah came under pressure Thursday as government commodity control measures spooked investors, though Asian tech shares rebounded sharply following positive signals from Nvidia and a labour agreement at Samsung.