Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustainability. South Korea's Kospi surged, led by Samsung Electronics, following a steep decline. Investors now keenly await Micron Technology's results for clues on AI infrastructure demand, with some strategists predicting further downside for the semiconductor sector. Meanwhile, oil prices dipped as tanker traffic visibility improved.
Asian markets experienced a cautious rebound on Wednesday, recovering from a significant tech-led global selloff that had reignited concerns about the AI rally's sustainability. South Korea's Kospi surged, largely driven by Samsung Electronics' strong performance. Investors are…
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