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Asia tech stocks mixed as Samsung rebounds, but chip shares remain under pressure after global selloff

Asian technology shares staged a cautious rebound on Wednesday following a global rout. Samsung Electronics led the recovery with a gain of over 9%. Trading remained volatile as some early gains evaporated and AI-related jitters persisted.

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What changed

Asian tech stocks experienced a partial rebound and mixed trading after a steep global selloff.

Live updates

  1. Asian Tech Stocks Mixed as Samsung Recovers From Global Selloff

    Asian technology shares staged a cautious rebound on Wednesday following a global rout. Samsung Electronics led the recovery with a gain of over 9%. Trading remained volatile as some early gains evaporated and AI-related jitters persisted.

    What's confirmed:

    • Samsung Electronics recovered more than 9% following a prior session drop.
    • The Kospi rebounded 1.5% after a circuit breaker halt.
    • Asian technology stocks showed mixed results on Wednesday after global equities suffered steep losses.
    • The Nasdaq fell about 2.2% during the previous session's pullback.

    Still unconfirmed:

    • Investors are awaiting Micron Technology earnings for signals on AI infrastructure demand.
    confidence 90%