Asian technology stocks advanced sharply on Tuesday, following a rebound on Wall Street. A sharp decline in oil prices improved investor sentiment, while renewed buying of semiconductor-related shares spread to Asia after last week’s sell-off. SK Hynix gained 8.01%, Samsung Electronics rose 5.32%, and SoftBank Group surged 12%. On Wall Street, the Nasdaq Composite climbed 2.74% and the S&P 500 gained 2.35%, its best session since April 8. The recovery followed concerns that tighter U.S. restrictions on data-center development could weigh on demand for artificial-intelligence chips and infrastructure.
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