Asian markets surge on renewed AI investment hopes
Asian markets advanced on Wednesday, led by technology shares in South Korea and Japan, as optimism over SpaceX’s latest quarterly results helped restore investor confidence in artificial intelligence (AI) infrastructure following recent heavy losses
October 21, 2026 (MLN): Asian markets advanced on Wednesday, led by technology shares in South Korea and Japan, as optimism over SpaceX’s latest quarterly results helped restore investor confidence in artificial intelligence (AI) infrastructure following recent heavy losses. South Korea’s SK Hynix surged 6.38%, while Samsung Electronics gained 5.03%. Shares of AI infrastructure provider Elice soared 29.92%, recoveri...