If you’re referring to the Aug. 26, 2026 Asia midday market move, the headline means:
South Korea: Chip stocks such as Samsung Electronics and SK hynix drove the KOSPI higher. It ultimately closed up 0.97% at 6,808.21, rather than nearly 2%. �
Yonhap News Agency +1
Taiwan: The TAIEX was particularly strong, jumping 1.47% to 45,832.62, with AI-related shares leading as investors positioned for Nvidia's earnings. �
Focus Taiwan
Hong Kong: Technology shares also advanced, helping Hong Kong maintain its rebound during the session. �
TechStock²
Why Nvidia matters: Investors are treating Nvidia's results and guidance as a major test of whether the AI investment boom can keep supporting semiconductor valuations globally. Reuters reported that Asian tech stocks gained more than 1% amid Nvidia optimism. �
reuters.com
Another tailwind: Falling oil prices, helped by hopes of progress toward reopening the Strait of Hormuz, eased some inflation and growth concerns and supported Asian equities. �
reuters.com
Bottom line: This was essentially an AI/chip-led risk-on move ahead of Nvidia, with Taiwan the standout among the major Asian markets.