Asian stocks climbed as investors reacted positively to reports of former U.S. President Donald Trump’s proposed AI investment plans, signaling a potential surge in innovation and economic opportunities. Key indices across the region saw gains, with tech-heavy markets leading the charge on expectations of increased funding for artificial intelligence research and development.
Japan’s Nikkei 225 rose 1.2%, supported by strong performances in robotics and semiconductor stocks. Meanwhile, South Korea’s KOSPI and Hong Kong’s Hang Seng also posted notable gains, buoyed by optimism surrounding AI-driven economic growth. Analysts predict that the proposed investments could boost global tech competitiveness and strengthen trade ties, further fueling investor sentiment. However, market watchers remain cautious, citing potential geopolitical tensions and regulatory hurdles.
