Asian stocks gain after optimism about AI sends Wall Street higher

Market Overview - Asian shares mostly rose, with Japan's benchmark hitting a record high of 58,081.62, up 1.3% [2] - The U.S. dollar slipped to 155.78 Japanese yen, down from 155.83 yen, while the euro rose to $1.1784 from $1.1779 [3] - Australia's S & P/ASX 200 increased by 1.1% to 9,122.50, South Korea's Kospi surged 1.7% to 6,069.36, Hong Kong's Hang Seng rose 0.3% to 26,668.83, and the Shanghai Composite added 0.7% to 4,147.68 [3] Company Performance - Advanced Micro Devices (AMD) rallied 8.8% after announcing a multiyear deal to supply chips to Meta Platforms for AI projects, with Meta gaining the right to purchase up to 160 million shares of AMD stock for 1 cent each [5] - Keysight Technologies saw a significant gain of 23.1%, marking the largest increase in the S & P 500, while Home Depot rose 2% after reporting stronger-than-expected profits and revenue [8] - IBM recovered 2.7% after a significant drop of 13.1% the previous day, which was its worst performance since 2000 [6] Economic Indicators - U.S. consumer confidence improved more than economists expected, leading to steady Treasury yields, with the 10-year Treasury yield holding at 4.03% [9] - In energy trading, benchmark U.S. crude increased by 45 cents to $66.08 a barrel, while Brent crude rose by 47 cents to $71.24 a barrel [10]