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Asian Stocks Rise on Chip Gains; Iran Talks Cap Rally

Asian stocks rise on chipmaker gains led by Nvidia, but US-Iran talks cap rally. Japan Nikkei leads, China and Hong Kong follow.

Harper Clark
ByHarper Clark- Senior Editor
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Asian stocks extended gains on Friday, heading for weekly advances as chipmakers rebounded on strong Nvidia earnings.

However, uncertainty over US-Iran negotiations limited upside.

Japan's Nikkei 225 jumped over 2.5% to hover near record highs.

China's Shanghai Composite rose 0.5%, while Hong Kong's Hang Seng climbed 1.3%.

South Korea's KOSPI edged 0.2% higher, with Samsung shares falling 2% on union pay vote.

Oil prices rebounded as doubts persisted over Iran deal.

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