Positive market sentiment emerged following the release of a record third-quarter profit report from Taiwan Semiconductor Manufacturing Company (TSMC). Nvidia CEO Jensen Huang reinforced confidence in the financial resilience of AI computing provider CoreWeave. Concurrently, AI firm Anthropic announced a third-quarter revenue surge, expanding nearly twelvefold to $16.8 billion. Investor sentiment was further buoyed by Federal Reserve Chair Kevin Warsh’s commentary in Bangkok, where he refrained from indicating an imminent interest rate adjustment notwithstanding US inflation exceeding expectations.

Equities in the technology sector spearheaded the rebound, as Kioxia ascended 3.8%, Taiyo Yuden advanced 2.1%, and Lasertec increased 5.1%. Financial and consumer equities also registered gains, with Mitsubishi UFJ up 1.8% and Toyota Motor climbing 2.2%.