AI OPTIMISM IS BACK! ASIAN STOCKS RALLY ![]()
Asian markets are starting the day on a strong note as fresh AI developments reignite investor confidence.
What’s driving markets
• Asian stocks headed for a 5th straight day of gains
• South Korea’s Kospi jumped 1.5%
• Samsung and SK Hynix rallied on stronger chip demand hopes
• Alibaba unveiled a new AI chip aimed at competing with Nvidia
• Meta’s AI agent success is reviving optimism around the entire AI trade
But it’s not just AI
Oil climbed back above $101 a barrel, while Bitcoin slipped after its sharp rally.
And all eyes are now on Trump and Xi’s upcoming summit, with trade, AI, investment and geopolitics expected to be key topics.
THE BIG QUESTION
Is this the start of another major AI-driven rally, or are investors getting ahead of themselves?
