Asian chip stocks rebound after Wall Street recovery (opens in new tab)

Asian technology and semiconductor shares rebounded Tuesday after Wall Street investors returned to chip stocks following last week’s sell-off. Japan’s Nikkei 225 rose 1.9% to 65,273.83, South Korea’s Kospi jumped 7.7% to 8,063.52, Hong Kong’s Hang Seng was little changed and Australia’s S&P/ASX 200 lost 0.1%. The recovery followed a Monday Wall Street session in which the S&P 500 added 0.3% after a 2.6% drop Friday, while the tech-heavy Nasdaq Composite advanced 0.86% as U.S. chip shares rec...