Asian tech stocks rebound after global rout; Samsung up 9%
Asia-Pacific markets traded broadly higher on Friday, July 3, 2026, following a record high for the Dow Jones Industrial Average. While some AI-related stocks bounced back, others continued to decline. Investors are rotating out of technology stocks in line with U.S. market trends.
What changed
Previous gains by Samsung were erased by a sharp selloff on Thursday before a partial rebound Friday.
Live updates
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Asian AI Stocks Volatile as Markets Rally Friday
confidence 80%Asia-Pacific markets traded broadly higher on Friday, July 3, 2026, following a record high for the Dow Jones Industrial Average. While some AI-related stocks bounced back, others continued to decline. Investors are rotating out of technology stocks in line with U.S. market trends.
What's confirmed:
- Asian shares rallied on Friday after the Dow Jones Industrial Average set another record.
- Samsung Electronics and SK Hynix shares fell more than 7% in early Thursday trading.
Still unconfirmed:
- Foreign investors are shifting away from Korean chipmakers toward India.
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Asian Tech Stocks Rebound Following Global Rout
confidence 95%Asian technology stocks recovered on Wednesday, June 24, 2026, after a global selloff in the previous session. Samsung shares rose 9% during the rebound. South Korea's KOSPI also bounced back after a significant tech wipeout.
What's confirmed:
- Asian technology stocks rebounded on Wednesday, June 24, 2026.
- Samsung shares rose 9%.
- South Korea's KOSPI recovered from a 10% tech wipeout.
- The rebound followed steep losses in global equities during the previous session.
Still unconfirmed:
- South Korea's KOSPI plunged nearly 10% after a regulator cautioned on leveraged ETFs.
- SK Hynix rebounded along with Samsung.
- European chip stocks remained mostly steady.