Asian Markets Surge on AI, Tech Rally
Update: 2025-12-22
Description
Asian stock markets surged higher Monday, following a strong rebound in AI-related shares on Wall Street. Tokyos Nikkei 225 jumped 1.9% to 50,455.07, driven by gains in chip makers like Tokyo Electron and Advantest. Other Asian indexes also rose, with South Koreas Kospi gaining 1.8%, Taiwans Taiex up 1.6%, and Australias S&P/ASX 200 adding 0.9%. Chinese markets saw smaller moves, with Hong Kongs Hang Seng up just 0.2%. This momentum came after the S&P 500 climbed 0.9% Friday, with the Nasdaq leading at 1.3%. Nvidia drove much of the rally, surging 3.9%. In Japan, the Bank of Japan hiked its key rate to a 30-year high, but the yen weakened anyway. U.S. futures pointed higher early Monday, signaling traders optimism for the years final stretch.
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