By Rae Wee

SINGAPORE (Reuters) -Shares of technology companies surged in Asia on Thursday, after bumper earnings from chipmaker Nvidia quelled investor fears of an AI bubble and breathed new life into a tech-led rally that has propelled global stock indexes to record highs this year.

Nvidia on Wednesday surprised Wall Street with accelerating growth after several quarters of slowing sales and posted a fourth-quarter forecast that exceeded expectations, sending its shares up 5% in extended trading.

That provided a much-needed boost to Asian markets on Thursday, with shares of Taiwan’s TSMC, the world’s largest contract chipmaker and a major supplier of chips to Nvidia, jumping 3.6%.

South Korea’s SK Hynix, also a Nvidia supplier, was up more than 4%, while its peer Samsung Electronics g

See Full Page