Asian chip stocks rise after Nvidia reclaims title of the world's most valuable company
1. Nvidia's shares hit a record close, becoming the world's most valuable company. 2. Asian chip stocks rose, supported by Nvidia's market performance and AI demand. 3. Confidence in AI expansion has bolstered sentiment across the semiconductor sector. 4. Nvidia's market cap reached $3.77 trillion, surpassing Microsoft. 5. Export restrictions to China present challenges, potentially impacting $8 billion in sales.