Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally’s sustainability. South Korea’s Kospi surged, led by Samsung Electronics, following a steep decline. Investors now keenly await Micron Technology’s results for clues on AI infrastructure demand, with some strategists predicting further downside for the semiconductor sector. Meanwhile, oil prices dipped as tanker traffic visibility improved.

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