British News Agency

Japan’s Nikkei 225 jumped 3.41 percent to close at 36,833.27, and The Taiwan Weighted Index advanced 2.96 percent to finish at 21,653.25.

During the trading session, chipmakers and related companies extended the global chip rally as bullish investor sentiment spilt to Asia.

Tokyo Electron rose 4.8 percent, Advantest was up 9 percent and Renesas Electronics was 3.47 percent higher. SoftBank Group, which owns a stake in chip designer Arm, jumped 8.4 percent.

In South Korea, the Kospi was 1.67 percent higher, and the small-cap Kosdaq gained 3 percent. SK Hynix and Samsung Electronics soared 8 percent and 1.85 percent, respectively.

Taiwan Semiconductor Manufacturing Company closed 4.79 percent higher, and Hon Hai Precision Industry—known internationally as Foxconn—was up 4.72 percent.

Asian chipmaking heavyweights rallied after Nvidia CEO Jensen Huang made a compelling case for the future demand for AI chips.