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Kuwait Timeskuwaittimes.com

Seoul stocks soar in Asia tech rally after Micron blowout forecast (opens original article in a new tab)

TL;DR

South Korea's stock market surged over 5% in a tech-led Asian rally, fueled by Micron's strong earnings forecast and falling oil prices amid US-Iran peace talks.

  • South Korea's Kospi surged over 5% in a tech-led Asian market rally.
  • Micron's fourth-quarter revenue forecast of $50 billion exceeded expectations, boosting AI sector confidence.
  • Oil prices fell below pre-war levels amid optimism over US-Iran peace talks.

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