Five Things You Need to Know to Start Your Day: Asia

Good morning. Nvidia’s been minting a lot of new millionaires, Temu's parent company is warning investors about the sustainability of its revenue growth and Canada is planning to impose tariffs on Chinese EVs. Here’s what’s moving markets. — Sebastian Boyd

Nvidia stock has gained more than 3,600% since the start of 2019 as the company benefits from selling the main chip necessary for artificial intelligence work, minting many new multimillionaires in the process. But the work hours are just as grueling and high-stress, current and former employees said, leaving little time for the jet-setting, homebuying and leisure many can now afford. A culture problem is brewing, said the 10 people, who asked not to be identified for fear of retribution. Meanwhile, the company’s share price lost just a little bit of its shine on Monday, with an almost 2.3% drop putting a dent in the Nasdaq 100 ahead of the chipmaker’s scheduled earnings announcement in the coming days.