Asia stocks rise gingerly on AI recovery, Israel-Iran deescalation in Stock News 09/06/2026 Most Asian stocks rose on Tuesday, aided by a recovery in chipmaking and artificial intelligence stocks from bruising losses in recent sessions, while some easing military tensions in the Middle East also helped. South Korea’s KOSPI led gains for the day after losses in chipmakers sent the index spiraling in the prior session. Chinese shares rose after trade data for May read stronger than expected on outsized growth in exports. Regional markets took a mixed lead-in from Wall Street, where technology shares rebounded from deep losses, while other sectors were less upbeat. Markets were encouraged by Israel and Iran agreeing to halt strikes against each other following demands from U.S. President Donald Trump. S&P 500 Futures rose slightly in Asian trade after Trump said the U.S. will declare “total victory” over Iran in two weeks. KOSPI surges on chips recovery, strong GDP South Korea’s KOSPI index surged 3% on a rebound in heavyweight chipmaking stocks, after tumbling 8.3% in the prior session. Memory chip giants Samsung Electronics Co Ltd (KS:005930) jumped 3.4%, while SK Hynix Inc (KS:000660) surged 7.7%. The latter was also aided by announcing a major partnership with top AI chipmaker Nvidia. South Korean markets were also encouraged by an upward revision in first-quarter gross domestic product data, which showed the economy growing 1.8% in the first quarter. The increase was driven chiefly by strong semiconductor exports. Japan’s Nikkei 225 index also benefited from a recovery in tech, rising 0.9% after an over 4% drop in the prior session. The TOPIX index added 0.5%. Chipmaker Tokyo Electron Ltd. (TYO:8035) jumped 7.6% and was the top performer on the Nikkei, while SoftBank Group Corp. (TYO:9984) fell 0.8%. But despite Tuesday’s recovery, technology stocks remained skittish after a major wipeout in the sector in recent sessions. Markets questioned whether the AI rall