India, May 14 -- Asian stocks moved mostly higher on Wednesday as investors digested softer-than-expected inflation data from the U.S. and awaited more clarity on ongoing trade talks.
Regional tech stocks surged after Nvidia announced the sale of over 18,000 AI chips to Saudi Arabian firm Humain during the Saudi-U.S. Investment Forum.
Gold prices fell nearly 1 percent as easing U.S.-China trade tensions weakened the safe-haven demand for the previous metal. Oil prices dipped after industry data signaled rising stockpiles.
China's Shanghai Composite index jumped 0.9 percent to 3,403.95 as investors assessed the latest trade developments.
China lifted a ban on Boeing deliveries after the weekend tariff truce. The United States said it wou...