Relief Rally Lifts Asian Shares Following Nvidia's Earnings Beat

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Nvidia's Strong Earnings Spark Asia Rally, Yen Weakens Amid BOJ Uncertainty

Traders have blown hot and cold on the AI trade in recent weeks, worried about returns on investment and the technology's potential to upend entire industries, yet hesitant to sit on the sidelines

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Moneycontrol•26-02-2026, 07:51

Nvidia's Strong Earnings Spark Asia Rally, Yen Weakens Amid BOJ Uncertainty

•Asian stocks surged after Nvidia's upbeat earnings eased AI spending concerns.
•Japan's Nikkei hit a record high, and South Korea's KOSPI rose 2%.
•Yen weakened due to dovish Bank of Japan rate outlook despite a broadly weaker dollar.
•Oil prices remained elevated amid escalating US-Iran geopolitical tensions.
•Investors closely watched Nvidia's forecast, which fueled a 'relief rally' in markets.

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