A window cleaner works next to Japan's Nikkei stock prices quotation board at a building in Tokyo, Japan February 19, 2024. REUTERS/Issei Kato
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CNBC TV1816-01-2026, 06:36

Asian Markets Eye Fourth Weekly Gain, Tech Stocks Fuel AI Boom

  • Asian markets are set for their fourth consecutive week of gains, driven by strong performance in technology stocks.
  • A regional measure of technology shares reached a record high as investors increased bets on artificial intelligence.
  • The MSCI Asia Pacific Index has risen over 7% for the fourth straight week, marking its longest winning streak since May.
  • Taiwan Semiconductor Manufacturing Co.'s improved earnings boosted chipmakers, US, and European shares.
  • US equities rebounded, and oil prices stabilized after Donald Trump's comments on Iran, while gold and silver saw slight declines.

Why It Matters: Asian markets are on a four-week winning streak, primarily fueled by tech stocks and AI investments.

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