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Traders bet Asia leads next leg of global stock rally on AI semiconductors
Economy
Published on 10 May 2026
India lags as oil, currency pressure and AI gaps bite
As global equities ride a rally, traders are shifting focus to Asia for the next upswing. The momentum is fueled by AI enthusiasm and strong performances in South Korea and Taiwan, with strategists favoring AI-linked semiconductors and hardware. India trails, weighed down by oil dependence, weaker currency trends, and comparatively limited AI exposure.
- Asia seen as the next engine for global equity gains
- AI optimism lifts attention toward semiconductors and hardware
- South Korea and Taiwan outperform, drawing investor bets
- India underperforms due to oil dependence and currency pressure
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times