US Eases NVIDIA Chip Ban for China, BOJ Signals Hikes, Foxconn Touts AI Boom

Market News
1. The U.S. has reportedly approved about 10 Chinese firms, including Alibaba and Tencent, to purchase NVIDIA's H200 chips, causing NVIDIA's stock to surge in after-hours trading.
2. Bank of Japan (BOJ) board member Masu expressed conviction that the central bank needs to raise its policy interest rate further, signaling a more hawkish stance.
3. Foxconn reported very strong demand for AI servers and projects strong revenue growth for 2026, while also beating its first-quarter profit forecasts.