ASIAN stocks rose, buoyed by technology shares, as strong earnings from technology companies lured investors back into the artificial intelligence trade.

The Kospi Index – a bellwether for AI investments – rallied 4.6 per cent, with Samsung Electronics and SK Hynix both jumping about 7 per cent amid optimism over their shareholder return policy.

MSCI’s Asia Pacific equities gauge climbed 0.7 per cent, powered by gains in semiconductor and other technology stocks.

Among the main market moves, S&P 500 futures rose 0.1 per cent as at 12.58 pm Tokyo time.

Japan’s Topix rose 0.6 per cent, Australia’s S&P/ASX 200 fell 0.7 per cent, Hong Kong’s Hang Seng fell 1.2 per cent and the Shanghai Composite rose 0.3 per cent.

Nvidia-backed CoreWeave surged 16 per cent in extended trading after booming AI spending drove stronger-than-expected sales growth.