Asian chip stocks rise
In Tokyo, WIK power technology rose by 3%, Disco by 6.5%, Screen by 2.1%, Lasertec by 3.6%, and Advantest by 3.9%. However, the TOPIX index fell by 0.5%. In South Korea, Hynix rose by 2.7%, Samsung Electronics by 1.7%, Wonik IPS by 2%, and DB Hitek by 1.8%. Overnight, the Philadelphia Semiconductor Index rose by 1.7%, and Nvidia rose by 3.1%.
In terms of news, according to sources, the Trump administration plans to lift artificial intelligence chip restrictions from the Biden era as part of a broader effort to revise semiconductor trade restrictions. These restrictions have faced strong opposition from major tech companies and foreign governments.
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