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AI fueled rally defies oil shock as semiconductors lead global markets higher
Economy
Published on 11 May 2026
Markets shrug off oil pain thanks to AI earnings
Global equity markets are holding up despite geopolitical worries and expensive oil, with investors leaning on economic resilience driven by AI powered earnings growth. Tech and semiconductor stocks are leading in South Korea and Taiwan, while US markets post broad gains. India’s outlook looks shakier, given its higher dependence on imported oil.
- AI driven earnings are boosting investor confidence globally
- Semiconductors lead gains in South Korea and Taiwan
- US markets are broadly rising despite geopolitical risks
- India faces added pressure from imported oil dependence
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times