Asian tech stocks surged after the Iran-US deal, and AI chipmakers gained the most

SoftBank surges more than 12% as Iran-U.S. peace deal sends Asia stocks soaring

SoftBank and chipmakers rally 2-12% as Iran-U.S. peace deal reopens Strait of Hormuz and lifts blockade. Risk-on sentiment accelerates tech investment; geopolitical supply-chain risks affecting semiconductor sourcing and enterprise procurement are eliminated.