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Asian stocks diverge as CoreWeave boosts chipmakers and US inflation weighsAsian stocks were mixed on Wednesday, with semiconductor shares rising in Japan, South Korea and Taiwan, while technology stocks in Hong Kong and China came under notable pressure. Strong results from CoreWeave bolstered optimism around the AI trade, but higher-than-expected US inflation data revived concerns that the Federal Reserve could raise interest rates.

Asian stocks diverge as CoreWeave boosts chipmakers and US inflation weighs

Asian stocks were mixed on Wednesday, with semiconductor shares rising in Japan, South Korea and Taiwan, while technology stocks in Hong Kong and China came under notable pressure.
Strong results from CoreWeave bolstered optimism around the AI trade, but higher-than-expected US inflation data revived concerns that the Federal Reserve could raise interest rates.
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