Asian technology stocks rise Monday after the United States and Iran announce a peace agreement, with investors bidding up shares across the region. CNBC reports SoftBank shares jump by more than 12% following the news, while Seeking Alpha similarly describes a rally led by SoftBank. The Next Web adds that AI- and semiconductor-related companies post the largest gains. It cites SK Hynix climbing about 6.42% and Samsung Electronics gaining around 4.5% as part of the broader move. In Japan, the Nikkei 225 is reported to top 69,000 for the first time, reflecting the strength of the overall market. Although the sources focus on the same catalyst—the U.S.-Iran peace deal—they do not provide further details on the agreement’s terms or timing of implementation. Overall, the coverage highlights strong gains in Asia’s tech sector and particularly in AI chip and semiconductor stocks, with SoftBank leading among individual movers.
Asian tech stocks rally after U.S.-Iran peace deal; SoftBank and chipmakers lead
Asian technology stocks rise Monday after the United States and Iran announce a peace agreement, with investors bidding up shares across the region. CNBC reports SoftBank shares jump by more than 12%...
- Asian tech shares rise Monday after news of a U.S.-Iran peace deal.
- SoftBank shares surge, reported as rising by about 10% to more than 12%.
- AI and semiconductor companies post the biggest gains, including SK Hynix and Samsung Electronics.
- SK Hynix is reported up about 6.42% and Samsung Electronics about 4.5%.
- Japan’s Nikkei 225 is reported to reach a new high above 69,000 for the first time.
Asian technology stocks surged on Monday after the United States and Iran announced a peace agreement, with AI and semiconductor companies posting the largest gains. SoftBank rose 10 per cent, SK Hynix climbed 6.42 per cent, and Samsung Electronics gained 4.5 per cent. Japan’s Nikkei 225 topped 69,000 for the first time in history. The […] This story continues at The Next Web
2 months agoAsian tech stocks surged Monday on news that Iran and the U.S. have reached a peace deal
2 months ago
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