Asian stocks rise following South Korean chipmakers

The MSCI Asia Pacific Index increased by 2% amid a recovery in technology stocks. In South Korea, the KOSPI added 4.3%, and Japan's Nikkei rose by 2.8%; the gains followed a notable uptick in Wall Street valuations.

Shares of SK Hynix surged by 6.3%, while Samsung Electronics climbed by 4.9%. The sector received support from declining oil prices. U.S. President Donald Trump stated that new strikes against Iran are unlikely if negotiations progress, easing investor concerns about inflation.

Taiwan's market also rebounded after a prolonged decline. Regulators reduced the permissible volume of short sales, raised margin requirements, and kept the stabilization fund accessible. Last week, Japanese and Taiwanese markets entered a bear phase, while the South Korean index fell more than 40% below its summer peak.

The sustainability of the rally remains uncertain. Sentiment is pressured by an investigation into Nvidia's board of directors over reports of potential information leaks to China and the upcoming U.S. inflation report. The company's board of directors stated that no signs of secret leaks were found. The potential IPO of Anthropic and CoreWeave's results may also indicate whether investor interest in the artificial intelligence sector persists.