New Delhi, Aug. 28 -- Nvidia's blockbuster second-quarter numbers, along with its upbeat outlook, not only ignited a chip rally on Wall Street but also lifted global markets, including Taiwan, which has been a key beneficiary of the ongoing AI boom.

The TAIEX, Taiwan's benchmark stock index, closed Friday's session 0.8% higher at 46,349, its highest level since 6 July, as strong earnings and an upbeat outlook from Nvidia boosted sentiment across AI-linked stocks.

Among the key contributors was TSMC, the world's largest contract chipmaker, which rose 0.4%. The company accounts for nearly 40% of the TAIEX's total market value and is a key manufacturer of Nvidia's advanced AI chips, making Nvidia's strong results and upbeat outlook positiv...