U.S. Secretary of State Rubio said the U.S. budget is expected to undergo some changes.

A-share Foxconn Industrial hit the daily limit-up; turnover topped 24.6 billion yuan and the stock approached a record high.

NVIDIA CEO Jensen Huang said he tries to pay employees as much as possible, commenting on partner Samsung Electronics’ recent compensation deal that offers chip engineers bonuses of up to $400,000. Huang said “I try to pay as much as possible, and I do, but that doesn't mean it's right.” He dismissed claims that AI threatens jobs as “nonsense,” saying AI will boost income, profits and GDP. Samsung’s March filing shows average employee pay last year was 158 million won (about $105,000).