Asian markets diverge as Micron earnings fuel chip rally in Tokyo and Seoul
Asian equity markets showed divergence on Thursday, with Tokyo's Nikkei and Seoul's KOSPI rallying due to strong earnings from Micron Technology that sparked a chip sector surge, defying a broader tech-led decline on Wall Street.
Key quotes
bumper earnings from Micron Technology sparked a massive chip rally, lifting tech hubs in Tokyo and Seoul
This AI-fueled momentum allowed those major indexes to completely defy Wall Street's tech-led slide
From the article
Asian equity markets diverged sharply on Thursday as bumper earnings from Micron Technology (NASDAQ:MU) sparked a massive chip rally, lifting tech hubs in Tokyo and Seoul. This AI-fueled momentum allowed those major indexes to completely defy
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