Global stocks steady after AI rout
Asian equities recovered Thursday as AI-related jitters eased and Middle East tensions receded. Chip stocks in South Korea and Taiwan rose even as Nvidia faces regulatory scrutiny. The dollar held firm on expectations the Federal Reserve will keep rates steady. Hong Kong's Hang Seng opened 0.8% lower at 24,121.40, bucking the regional bounce. Oil prices edged lower after three days of gains.
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- ✓ Asian stocks rebounded Thursday as AI and Middle East jitters receded.
- ✓ Chip stocks in South Korea and Taiwan rose despite Nvidia regulatory scrutiny.
- ✓ The dollar firmed on bets the Federal Reserve will maintain current interest rates.
- ✓ Hong Kong's Hang Seng Index fell 0.8% to 24,121.40 at the open.
What changed
Asian markets shifted from Wednesday's AI-driven selloff to a broad rebound, with chipmakers leading gains despite ongoing Nvidia investigations.
Live updates
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Asian stocks rebound after AI selloff, chip shares gain despite Nvidia scrutiny
Asian equities recovered Thursday as AI-related jitters eased and Middle East tensions receded. Chip stocks in South Korea and Taiwan rose even as Nvidia faces regulatory scrutiny. The dollar held firm on expectations the Federal Reserve will keep rates steady. Hong Kong's Hang Seng opened 0.8% lower at 24,121.40, bucking the regional bounce. Oil prices edged lower after three days of gains.
Why it matters
Markets are digesting a sharp pullback in AI heavyweights that rippled through global tech supply chains. Investors are weighing the impact of a U.S. probe into Nvidia against resilient demand for advanced semiconductors from TSMC, SK Hynix and Samsung. Simultaneously, easing geopolitical risk in the Middle East and a steady Fed outlook are providing a floor for risk assets.
What is confirmed
- Asian stocks rebounded Thursday as AI and Middle East jitters receded.
- Chip stocks in South Korea and Taiwan rose despite Nvidia regulatory scrutiny.
- The dollar firmed on bets the Federal Reserve will maintain current interest rates.
- Hong Kong's Hang Seng Index fell 0.8% to 24,121.40 at the open.
- Oil prices edged lower after three consecutive days of gains.
Still unconfirmed
- Nvidia CEO Jensen Huang's controversy is testing investor confidence in the AI supply chain.
What to watch next
- Progress of U.S. regulatory probe into Nvidia and potential export-control expansions
- Federal Reserve policy signals at upcoming FOMC meeting
- Middle East geopolitical developments affecting oil supply risk
confidence 88%Sources used for this update (13)
- www.globalbankingandfinance.com — Latest Banking & Finance News & Analysis
- www.omanobserver.om — Home page - oman observer
- www.marketscreener.com — Global Stocks Fall on Higher Oil Prices, AI Pullback | MarketScreener
- www.straitstimes.com — Oil edges lower following three days of gains
- www.cnbc.com — Oil today: Iran, US, crude, wti, brent, trump
- Reuters — Asian stocks bounce as AI, Mideast jitters recede; dollar firm on Fed bets
- Financial Times — Asian stocks rebound after AI rout
- Bloomberg.com — Asian Markets at Risk of Pressure on Nvidia Probe: Markets Wrap
- Yahoo Finance — TSMC, SK Hynix, Samsung: Asian Chip Stocks Rise Even As Nvidia CEO Jensen Huang’s Controversy Tests Investor Confidence
- CNBC — Asian chip stocks in South Korea and Taiwan gain despite Nvidia scrutiny
- www.marketscreener.com — Hong Kong Stocks Open Lower Despite Wall Street's AI Rebound
- 247wallst.com — Landstar vs. ArcBest: Which Trucking Stock Pays the Better Dividend Through a Freight Slump?
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