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Tencent's market value rose by 300 billion as WeChat boosted its search capabilities with the leading DeepSeek search.
The leading social media platform has made its much-anticipated return to U.S. app stores.
The news of OpenAI's self-developed AI chips has attracted market attention, hinting at threats to Nvidia's stock price.
Alibaba's market value jumps $87 billion as AI advancements and a partnership with Apple position it as China's top tech stock, overcoming past regulatory challenges and slow cloud growth.
Cisco Systems sees shares rise as demand for its cloud networking gear increases due to AI, offsetting concerns about potential impacts from U.S. tariffs.
Nvidia faces investor concerns due to competition from low-cost Chinese competitor DeepSeek, impacting stock performance despite overall positive outlook.