CNBC(@CNBC):Asian technology stocks surged Tuesday, tracking a rebound on Wall Street overnight as a sharp decline in oil prices lifted sentiment while renewed buying in chip names spilled over into Asia, following last week’s bruising sell-off. Japan’s technology investment giant SoftBank Group surged 12%, South Korean chipmaker SK Hynix jumped 8.01%, while Samsung Electronics rose 5.32%. The gains followed a strong session on Wall Street, where the tech-heavy Nasdaq Composite climbed 2.74%, while the S&P 500 rose 2.35% to clock its best day since April 8:

2026.11.10 04:00

Asian technology stocks surged Tuesday, tracking a rebound on Wall Street overnight as a sharp decline in oil prices lifted sentiment while renewed buying in chip names spilled over into Asia, following last week’s bruising sell-off. Japan’s technology investment giant SoftBank Group surged 12%, South Korean chipmaker SK Hynix jumped 8.01%, while Samsung Electronics rose 5.32%. The gains followed a strong session on Wall Street, where the tech-heavy Nasdaq Composite climbed 2.74%, while the S&P 500 rose 2.35% to clock its best day since April 8: