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May 21, 2026
Analyzed by GPT OSS 120B

Nvidia Smashes Wall Street Forecast as AI Chip Surge Powers Asian Markets

AI Summary
Nvidia posted an 85% YoY revenue jump to $81.6bn and guided FY sales to $91bn, outpacing most estimates and sparking a rally in Asian equities. The surge lifted the South Korean Kospi by 9% and Taiwanese shares by 3.3%, while tech peers such as LG Electronics and Hyundai Mobis surged over 20%.

Nvidia delivered another record quarter, beating Wall Street expectations and igniting fresh optimism for AI‑driven growth across Asian markets.

Record Nvidia Quarter Fueled by AI Chip Demand

The chip designer reported an 85% year‑on‑year revenue increase to $81.6bn for the three months ended April, marking its 15th straight quarter of topping forecasts. CEO Jensen Huang highlighted physical AI and robotics as the next growth frontier.

Revenue Surge and Forecast Numbers Highlight Growth

  • Revenue: $81.6bn (+85% YoY)
  • Guidance: $91bn for the current quarter (vs. average market expectation of $86bn)
  • Share reaction: down 1% in after‑hours trading

Ripple Effect on Asian Equity Markets and Tech Giants

The earnings beat lifted sentiment in Asia: the South Korean Kospi jumped 9%, while Taiwan’s index rose 3.3%, ending a four‑day decline. Shares of LG Electronics and Hyundai Mobis surged more than 20% after Huang’s remarks.

Outlook: Sustainability of Nvidia’s Growth and Market Sentiment

Analysts caution that maintaining such explosive growth will be challenging, especially as the company faces heightened expectations and competitive pressure. The market will watch whether Nvidia can translate its AI leadership into consistent earnings or if the current rally is a short‑term boost.

Key Economic Calendar for the Day

  • 9:00 BST – Eurozone flash PMI
  • 9:30 BST – UK flash PMI
  • 11:30 BST – UK Chancellor Rachel Reeves on cost‑of‑living measures
  • 13:30 BST – US jobless claims
  • 15:00 BST – Eurozone consumer confidence
  • 16:00 BST – BoE Governor Andrew Bailey speech in Sheffield