Asian Stocks Surge as Micron Earnings Calm AI Panic

Asian stock markets rebounded on Friday, with semiconductor-heavy indexes leading the gains. The recovery came after a sharp selloff earlier this week, triggered by fears over the artificial intelligence sector. The turnaround followed strong earnings from U.S. chipmaker Micron Technology. The company’s results reassured investors that demand for AI-related components remains robust, easing concerns about a potential slowdown. Japan’s Nikkei and South Korea’s Kospi, both heavy with tech stocks, posted the biggest advances. Analysts said the rally reflects a temporary pause in market anxiety, but warned that volatility could return if other tech firms report weaker data.