Asia stocks firm as oil eases; AI supports chip demand
Share markets edged higher in Asia, with AI demand for data buoying chipmakers. Oil eased on reports that more oil is finding its way out of the Middle East than previously thought despite ongoing Gulf conflict; trade was thin with Japan on Silver Week.
Asia share markets edged higher on Monday as AI's strong demand for data lifted chipmakers, while oil eased on reports that more oil was getting out of the Middle East than previously thought despite the ongoing conflict in the Gulf. Trading was thin with Japan on its Silver Week.