Asian markets bounce back after a recovery for AI stocks on Wall Street

Asian markets rebounded on Monday as US futures rose after AI-related stocks found some footing following last week’s sell-offs. Taiwan’s Taiex led gains with a 4.9% jump, boosted by a 4.7% surge in TSMC. Regional tech stocks also benefited from relief in the US, where worries had focused on whether Democratic victories in the midterm elections could slow AI data-center construction, especially in Texas. Early trading showed positive momentum in Japan, with the Nikkei 225 up 2.3% to 58.775,50. The broader US market had stabilized after a week marked by declines tied to tariff shock and AI volatility.