Asian Stocks Advance as Chip Selloff Eases
The MSCI Asia Pacific Index rose 0.6%, led by South Korean stocks, as chip shares gained after a selloff fueled by concerns about the AI trade.
Asian equities rose, tracking gains on Wall Street as dip buyers stepped in following a chip-stock selloff fueled by concerns about the artificial intelligence trade.The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix I…