Asian technology stocks staged an impressive $150 billion recovery Monday, led by semiconductor giants TSMC (+3.2%) and Samsung Electronics (+2.1%), as regional chipmakers demonstrated surprising resilience amid global sector weakness. The rally came despite the Philadelphia Semiconductor Index’s 2.3% drop last week, highlighting Asia’s growing dominance in advanced chip production.
Critical Developments:
- TSMC’s Breakthrough
- 2nm chip yields reach 82%, beating Intel’s 18A node
- $28B in prepayments from Apple/Nvidia for 2026 capacity
- Samsung’s AI Edge
- New HBM4 memory chips enter mass production
- Supply deals signed with all major AI developers
- Government Backing
- Japan’s $10B chip equipment subsidy lifts Tokyo Electron (+4.5%)
- South Korea extends tax credits for semiconductor R&D
Market Impact:
- Asian semiconductor stocks accounted for 73% of today’s regional gains
- Short covering added $3B to the rally in Hong Kong tech stocks
