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Asian Equities Climb After US Tech Sector Rebound
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Asian Stocks Surge After US Tech Rebound, AI Fears Ease
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Moneycontrol
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25-02-2026, 06:49
Asian Stocks Surge After US Tech Rebound, AI Fears Ease
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Asian stocks opened higher, extending gains for a third day, following a tech-led rally on Wall Street.
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A rebound in software stocks drove the Nasdaq 100 up 1.1% and the S&P 500 also advanced, ahead of Nvidia Corp. earnings.
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Advanced Micro Devices Inc.'s deal with Meta Platforms Inc. boosted market sentiment.
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Concerns about AI's disruptive effects eased after Anthropic PBC indicated plans for partnerships, not displacement, of existing businesses.
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South Korea's Kospi Index gained 1.2% to a record, becoming the world's best-performing stock market with a 43% rise this year.
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