Asian Stocks Hit Record Highs as Nvidia Secures Meta Deal and OpenAI Eyes $100B Funding

Asian equity markets experienced a significant rally today, led by South Korea's KOSPI index which surged 3% to reach a new record high. The bullish sentiment was largely fueled by major developments in the technology sector, including Nvidia's multiyear chip supply agreement with Meta Platforms. Furthermore, OpenAI is reportedly nearing a historic $100 billion fundraising round, further boosting investor confidence in artificial intelligence. Despite the positive momentum in equities, demand for safe-haven assets remained steady due to lingering geopolitical tensions between the US and Iran. Investors are closely monitoring these corporate milestones against the backdrop of Middle East uncertainty. The combination of tech-driven growth and geopolitical caution defines the current market landscape across the Asia-Pacific region.