Asian tech stocks surge as U.S.-Iran cease fire ease Hormuz disruption worries

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Source: CNBC
Published: 2026-04-08 16:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Natural Disasters, Iran, Technology & AI, War & Conflict, Technology
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Snippet:
Asian technology and semiconductor stocks surged on Wednesday after the U.S. and Iran agreed to a conditional two-week ceasefire that includes a temporary reopening of the Strait of Hormuz.
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