Asian stocks are poised for a rise on Friday, mirroring a rebound in megacap US technology shares that has bolstered confidence in the artificial intelligence trade. This optimism follows a broad rally in US equities, where the S&P 500 and Nasdaq 100 both saw significant gains. The tech-heavy Nasdaq Composite, in particular, climbed 1.6%, driven by advances in companies like Nvidia.

Nvidia's stock surged 10% after reporting earnings that exceeded expectations, signaling continued strength in AI demand. Other major US indices, including the Dow Jones Industrial Average, also finished higher. In currency markets, the Japanese yen held onto its gains after a brief jump.

Traders are now looking ahead to economic data from China, including manufacturing and services PMIs, which could offer further direction for regional markets. The focus remains on the sustainability of the AI-driven rally and its impact on broader market sentiment.