Stock markets across Asia mostly advanced on Friday, taking their cue from a fresh record close for the Dow on Wall Street, as some of the AI-linked shares battered in this week's sell-off found their feet again while others kept falling.
The volatility was calmer than the heavy selling seen a day earlier, when worries about stretched technology valuations sent semiconductor shares tumbling across the region.
At the time of writing, South Korea's Kospi led the bounce, climbing over 4% to recoup part of the nearly 8% plunge it suffered on Thursday. Samsung Electronics, the country's largest company and a major chipmaker, jumped 7%, while smaller memory rival SK Hynix rose 4.9%.
In Tokyo, the Nikkei 225 added 1%, helped by a 6.6% leap in memory maker Kioxia, although chip-equipment supplier Tokyo Electron slipped 2.5%.
Elsewhere, Hong Kong's Hang Seng gained 1.7% and the Shanghai Composite rose 0.7%, while Australia's S&P/ASX 200 advanced 1.3% and Taiwan's Taiex bucked the trend, easing 0.6%.
