# Jensen Huang's CoreWeave Endorsement Sparks Asia-Pacific Rebound

> Nvidia CEO Jensen Huang's CoreWeave endorsement lifts Asia-Pacific markets as Indonesia plunges 11%.
- Title: Jensen Huang's CoreWeave Endorsement Sparks Asia-Pacific…
- Summary: Nvidia CEO Jensen Huang's CoreWeave endorsement lifts Asia-Pacific markets as Indonesia plunges 11%. Nvidia CEO Jensen Huang's public endorsement of AI cloud…
- Keywords: jensen huang, coreweave, nikkei 225, kospi, indonesia stock market, msci, federal reserve, kevin warsh, sk hynix, samsung electronics, tsmc, kosdaq
- Source: BigGo Finance — https://finance.biggo.com/news/29938291-7191-4285-91b2-0f4c690facc9
- Author: BigGo Finance
- Published: 2026-10-16T03:55:31+00:00
- Read time: 1 min
- Topics: jensen huang, coreweave, nikkei 225, kospi, indonesia stock market, msci, federal reserve, kevin warsh, sk hynix, samsung electronics, tsmc, kosdaq
## CoreWeave Endorsement
Nvidia CEO Jensen Huang publicly vouched for CoreWeave's financial health, easing AI infrastructure financing concerns.

> CoreWeave's strength is improving every day, financing costs are declining, and it does not need a bailout from Nvidia
## Asia-Pacific Rebound
Nikkei 225 rose 1.39%, KOSPI gained 2.05%, KOSDAQ surged 4.46% triggering a buy-side circuit breaker.
## Japan Tech Surge
BAYCURRENT hit daily limit with 17.25% gain, setting record high after strong first-half earnings.
## South Korea's Recovery
KOSPI rose 2.05% after intraday gains of 3.4%, with Samsung and SK Hynix leading the advance.
## Indonesia Plunge
Indonesia's stock market plunged 11.18% triggering circuit breaker after MSCI warned of potential downgrade.
## CoreWeave Financials
CoreWeave's first-half operating profit grew 28.5% year-over-year with ¥500 billion sales target by 2031.
## Market Reaction
Stephen Innes noted Huang's comments lifted NeoCloud sector, driving ai-related stocks higher and injecting market pulse.
## Indonesia's Crisis
Indonesia's 10-year government bond yield rose 10 basis points to a two-month high as rupiah edged lower.
## Federal Reserve Focus
Investors await Federal Reserve Chair Kevin Warsh's remarks at IMF annual meetings for October rate hike clues.
## Market Close Data
Nikkei 225 closed at 65,324.29, up 1.39%; TOPIX rose 1.67% to 4,066.00.
## KOSDAQ Circuit Breaker
KOSDAQ surged 4.46% triggering buy-side circuit breaker that halted programmatic buy orders for five minutes.
## Indonesia's Timeline
MSCI consultation period runs through April 30, 2027, with final decision due by June 30, 2027.
## Market Impact
U.S. dollar index flat after AI selloff triggered risk-averse sentiment and treasury yields lower.
## Key takeaway

Nvidia CEO Jensen Huang's public endorsement of AI cloud provider CoreWeave boosted Asian equities, while Indonesia's stock market fell 11% after MSCI warned of potential downgrade.