AI stocks are powering Asian markets higher as tech giants report strong earnings, fueling investor confidence in the sector’s long-term growth. Japan’s Nikkei surged 1.6%, South Korea’s Kospi jumped 4% led by Samsung and SK Hynix, while Hong Kong and Shanghai also gained — though Australia dipped slightly. The U.S. saw modest gains after inflation data met expectations and AI-driven corporate profits exceeded forecasts, lifting the S&P 500 and Nasdaq. Oil prices edged lower, and the dollar weakened against the yen and euro.
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