By Rae Wee

SINGAPORE (Reuters) -Asian shares got a lift from Wall Street on Wednesday thanks to a fresh wave of optimism over artificial intelligence, as investors braced for a busy day headlined by the Federal Reserve’s decision and earnings from technology heavyweights.

The prospect of lower U.S. rates this week supported bonds, while the dollar sustained losses as investors bet Wednesday’s expected Fed cut would not be the last for the year.

Overnight, Wall Street closed at record highs after upbeat news from Nvidia and Microsoft, with the former announcing $500 billion in bookings for its AI chips and that it would build seven supercomputers for the U.S. Department of Energy.

Microsoft meanwhile reached a deal allowing OpenAI to restructure into a public benefit corporation while g

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