RECAP: Asian stocks rose sharply yesterday, led by chip and AI firms, as investors brushed off concern about fresh US-Iran hostilities, which has put the spotlight back on oil prices and inflation risk.

(Bloomberg) -- Asian shares climbed, led by chipmakers, as optimism over AI-driven demand rekindled appetite for semiconductor stocks. Oil extended gains after the US struck Iran…

Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf…