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Asian Stocks Post Biggest Gain in Four Months on AI Optimism

Bloomberg Markets Friday 31 July 2026, 03:38 UTC By Elaine Lai 1 min read
Key Points

Asian Stocks Post Biggest Gain in Four Months on AI Optimism Asian stocks posted their biggest gain in nearly four months as investors piled into chipmakers, after blockbuster earnings from major tech firms reinforced optimism over AI demand. The MSCI Asia Pacific Index climbed as much as 4.3%, putting the gauge on track for a second week of gains despite sharp market swings earlier. South Korea’s Kospi led the rally, surging as much as 17% thanks to heavyweights Samsung Electronics Co. and...

Asian Stocks Post Biggest Gain in Four Months on AI Optimism Asian stocks posted their biggest gain in nearly four months as investors piled into chipmakers, after blockbuster earnings from major tech firms reinforced optimism over AI demand. The MSCI Asia Pacific Index climbed as much as 4.3%, putting the gauge on track for a second week of gains despite sharp market swings earlier. South Korea’s Kospi led the rally, surging as much as 17% thanks to heavyweights Samsung Electronics Co. and SK Hynix Inc., while Taiwanese stocks also gained more than 7%.
Asian (ORG) AI Optimism (ORG) AI (ORG) The MSCI Asia Pacific (ORG) South Korea’s (LOCATION) Kospi (PERSON) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG) Taiwanese (ORG)
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