South Korea's KOSPI rises 18% as Microsoft fuels hopes for sustained AI spending

Apple and Amazon saw mixed fortunes after hours, with the former dropping amid weaker-than-expected Greater China sales and Q4 rev. guidance.

(Bloomberg) -- Stocks in Asia looked set to rise Friday after a rebound in megacap US technology shares revived confidence in the artificial intelligence trade.

Asian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen percent, rebounding strongly. Japan's shares…

South Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebound after recent declines earlier in the…

Asian stocks soar on AI optimism, led by South Korea's Kospi, marking the largest gain in four months.

By Ronnie Harui and Kimberley Kao

Korea Leads Asia's Tech Rally; Yen in Focus

South Korea's KOSPI rises 18% as Microsoft fuels hopes for sustained AI spending