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

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CNBC TV18•16-01-2026, 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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