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SoftBank Group shares surge over 10%, with SK Hynix and Samsung Electronics also gaining significantly, as Asian tech stocks rally on Wall Street's AI optimism
Asian technology stocks surged on Wednesday, tracking a strong overnight rally on Wall Street driven by robust corporate earnings and optimism surrounding artificial intelligence and growth stocks. South Korea's SK Hynix jumped 6.9%, while Samsung Electronics gained over 4%. Other Japanese chip-related companies like Tokyo Electron, Advantest, and Kioxia also saw notable increases. Analysts noted that the rally in U.S. semiconductor stocks reinforced a bullish outlook for Asian AI-related names, with SoftBank's majority-owned chip design subsidiary Arm Holdings also seeing gains on hopes for higher AI-related data center royalties.
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Source：CNBC头条 · Source Link
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