Asian stocks climbed Monday, recovering part of last week's tech losses. Taiwan's main index led the region with gains near 6%.
5.6% gain for Taiwan's Taiex, driven by a matching jump in TSMC.
3.4% rise for Japan's Nikkei 225, to 59,411.34.
2.7% gain for Samsung Electronics; SK Hynix rose nearly 4% or more.
$2.5 trillion was erased from Wall Street in Thursday's post-election sell-off.
Why it matters: Last week's sell-off followed Democratic midterm wins. Investors worried new majorities could slow construction of AI data centers, particularly in Texas.
2.7% weekly loss for the S&P 500, its worst since April 2025.
Asian Stocks Rebound as AI Rout EasesYou are hereLatest
How 10 sources split on this story
Source landscape
Factuality
High
Mixed
Low
Strong LeftLeftLean LeftCenterLean RightRightStrong Right
Political Bias
Coverage by lean% of 10 sources
10 sources · 10 articles · 60% Center coverage
Where they split: Outlets differ on emphasis: the left-leaning outlets frame the rebound around the midterm results, while CNBC centers on Nvidia's probe of its CEO.
Center coverage, 6 sources: The center frames the rally as Asian chipmakers gaining despite scrutiny of Nvidia's CEO and its possible supply-chain effects.
Left coverage, 3 sources: The left frames the rebound as a recovery from a sell-off driven by Democrats' sweeping midterm victories and fears over AI data centers.