Asia stocks steady as AI chip shares rebound, but geopolitical risks cap gains

Korean chip stocks have rebounded following an overnight selloff in the US, driven by continued tight chip supply. Across Asia, stocks remained steady as AI chip shares recovered. However, overall gains were capped by persistent geopolitical risks. The market activity reflects a recovery in the semiconductor sector despite broader regional uncertainties, as investors react to the supply-demand dynamics of AI chips and the influence of US market volatility on Asian financial indices.