Asian stocks rebound as AI chip shares rally
Asian markets rose Monday as AI and chip stocks recovered from last week's sell-off. Tokyo's Nikkei 225 gained more than 3%, Taiwan's Taiex more than 5%, led by TSMC, and South Korea's Kospi about 1.5%. U.S. stock futures also rose. Last week the S&P 500 fell 2.7%, its worst week since April 2025, as investors worried that Democratic midterm wins could slow AI data center construction.
📌 Follow this story: Inflation, prices and the economy: the story so far →
The day's 5 biggest stories, verified, free by email
▶ Watch the 90-second briefing (story 3 of 5) 🔔 Get 6 AM & 5 PM alerts
Why it matters
AI and chip stocks drove both last week's losses and Monday's rebound in Asia, and U.S. stock futures rose overnight. The S&P 500 ended last week 5.7% below the record high it set last month.
Sources
- AP via News4JAX: Asian markets bounce back after a recovery for AI stocks
- Al Jazeera: Asian stock markets climb after earlier tech rout
Also in this edition
Get the catch-up in your inbox
The same fact-checked briefing, sources included, at 6 AM and 5 PM Central. No spin, no spam — unsubscribe anytime.
We only use your email to send the briefing.