Asian equities closed higher after a surge in US technology shares, led by Nvidia’s impressive trading session. Investors remain optimistic about tech sector momentum heading into the new week.

Goldman Sachs has reported that hedge funds are selling US technology stocks at an unprecedented rate, indicating a significant shift in investment strategy within the sector.

Various technology stocks, including Intel, Nvidia, Rocket Lab, and Microsoft, are being analyzed for their performance and investment potential in 2026. Experts are evaluating their returns, market positions, and roles in emerging sectors like AI.

US technology stocks have resumed their sell-off, while global oil prices have seen a retreat from recent highs.

The FTSE 100 index closed slightly higher, gaining 11.70 points to reach 10,332.79. This modest rise occurred despite volatility observed in US technology stocks.

The South Korean benchmark Kospi index rose above the 7,000-point mark for the first time in 15 sessions during Friday's early trading, buoyed by gains in US technology stocks.

SK Hynix shares jumped significantly, by nearly 12-13%, driven by optimism surrounding artificial intelligence and a broader rally in US technology stocks. The surge reflects investor confidence in the semiconductor industry's prospects.

South Korea's benchmark Kospi index dropped below the 8,000-point mark, mirroring a sell-off in US technology stocks. The decline is attributed to growing investor fears regarding a potential slowdown in demand for semiconductor chips.

South Korean stocks experienced a lower opening on Tuesday, as investors reacted cautiously to rising inflation concerns and a recent downturn in US technology stocks. The benchmark Kospi index fell by 1.2 percent at the start of trading.

For years, loading up on the biggest US technology stocks delivered a steady stream of riches — and avoiding them was a surefire ticket to the unemployment rolls. In 2026, the opposite has been true.

US technology stocks are expected to fall, mirroring a global decline in semiconductor shares, driven by worries over artificial intelligence spending and increased competition from China.

Stock markets globally are experiencing varied movements, with US technology stocks notably climbing.

Several financial institutions, including Goldman Sachs, Morgan Stanley, Scotiabank, Roth Capital, Stifel, and TD Cowen, have raised their price targets for various technology stocks. Companies like Dynatrace, IBM, Datadog, ACM Research, Marvell Technology, and Arm Holdings are among those receiving increased price targets.

D1 Capital made significant investments in various technology stocks during the first quarter, with one notable social media giant being an exception to their acquisitions.