Global Markets Show Mixed Performance Amid AI Chip Revenue Expectations

Global stock markets displayed mixed performance with U.S. stocks rising overnight, while U.S. futures saw a decline this morning. According to Ming Pao, Asian markets including Japan, South Korea, Taiwan, and Hong Kong experienced gains, whereas the Shanghai and Shenzhen indices fell. Oil and gold prices increased, while the U.S. dollar index remained relatively stable. Chip stocks surged, driven by Nvidia's trillion-dollar AI chip revenue expectations and the launch of new products. Additionally, Nvidia's collaboration with several companies in the autonomous driving sector contributed to the rise in automotive stocks. Sectors such as technology, finance, and consumer goods saw an upward trend, while oil stocks declined against the market trend.