{
  "id": 9067440,
  "title": "Asia chip stocks soar after Wall Street AI rally; LG jumps on Nvidia cooling nod",
  "url": "https://urgent.news/2026/09/22/asia-chip-stocks-soar-after-wall-street-ai-rally-lg-jumps-on-nvidia",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T02:51:27.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/asia-chip-stocks-soar-after-wall-street-ai-rally-lg-jumps-on-nvidia-cooling-nod-4909837"
  },
  "original_language": "en",
  "account": "Asian chip stocks experienced a significant surge on Tuesday, mirroring a sharp upturn in U.S. technology shares. The rally was fueled by renewed optimism surrounding artificial-intelligence spending, which bolstered the sector. South Korea's KOSPI rose by 1.5%, while Hong Kong's Hang Seng climbed by 0.4% and the Shanghai Shenzhen CSI 300 increased by 0.7%. Japan's markets were on a holiday break, with trading set to resume on Thursday. Wall Street's performance set the tone overnight, with the Nasdaq Composite soaring 2.3% to a record high, the S&P 500 gaining 1.5%, and the Dow rising by 0.7%. Semiconductor and AI-linked stocks led the market's surge. The Philadelphia Semiconductor Index jumped 4.3%, and AMD experienced a nearly 10% increase, briefly reaching a $1 trillion market valuation. Intel and Arm also recorded double-digit gains.\n\nThe positive momentum extended to Asian trading, with the Nasdaq 100 Futures surging by 0.3%. Lower oil prices and decreased Treasury yields contributed to the risk-on sentiment, alleviating some of the pressure on technology valuations. South Korean chipmakers spearheaded the regional movement, with SK Hynix climbing 2.5% and Samsung Electronics rising by 2%. The rally extended across the Asian AI supply chain, as Kioxia surged 9.4% in its latest trading session, Murata Manufacturing gained 4.5%, and Largan increased by 2.3%. Taiwan Semiconductor Manufacturing also added 0.4%. In South Korea, LG Innotek skyrocketed 6.7%, while Taiwan-listed Foxconn rose by 1.5%. LG Electronics experienced a similar surge, jumping 6% after Nvidia confirmed its 2.6-megawatt coolant distribution unit for the chipmaker's DSX AI Factory platform.\n\nChinese semiconductor shares also strengthened, with Semiconductor Manufacturing International Corporation up by 2.5%, Cambrian Technologies rising 2.4%, SMIC gaining 1.8%, and NAURA Technology increasing by 1.7%. The market developments indicate that investors continue to favor companies directly tied to AI infrastructure, despite lingering concerns over the economics of AI models. Mainland Chinese shares rose, with the Shanghai Composite increasing by 0.3%. Hong Kong's technology stocks were mixed, with Alibaba gaining 2.6%, Baidu rising 3%, JD.com adding 1.2%, and Tencent surging 5.6%. However, Z.AI fell by 1.3%, and Xiaomi and Meituan edged down by 0.1%.",
  "summary": null,
  "key_points": [
    "Asian chip stocks surge after Wall Street AI rally",
    "LG Innotek jumps 6.7% on Nvidia cooling nod confirmation",
    "Semiconductor and AI-linked stocks lead market rally"
  ],
  "editors_take": "The surge in Asian chip stocks indicates investors continue to favor companies tied to AI infrastructure, despite lingering concerns over AI model economics, driven by Wall Street's AI-led rally.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}