[MARKET UPDATE] Asia-Pac stocks begin mostly higher with chipmakers underpinned following NVIDIA's earnings which beat on top and bottom lines, as well as flagged 70% revenue growth for next fiscal year

Nvidia results have functioned as a recurring macro event rather than a single-stock print: prior quarters have repeatedly set the tone for the Asia session, with the transmission running through the listed supplier and foundry chain in Taiwan, Korea and Japan before reaching the broader indices. The pattern in comparable episodes is that a clean top and bottom line beat plus forward guidance well above trend lifts the chip complex first, with the wider market following only if the move is read as demand confirmation rather than margin capture. The flagged revenue growth figure matters more than the backward-looking beat, since past cycles have shown guidance, not the quarter just printed, drives the follow-through in the AI hardware trade. The distinction worth drawing is between sessions where the supplier rally broadens into equipment and memory names and those where it stalls at the immediate customer list, the former having historically signalled a more durable repricing. Follow-ons include any revision activity on the supplier peer set and whether the US session validates the Asia reaction, since overnight gaps on this name have on previous occasions faded once cash trading opened.