SoftBank Surges 10%+ as Iran–U.S. Peace Deal Sparks Asia Tech Stock Rally

Asian technology stocks soared on Monday as investors reacted positively to reports of a peace agreement between Iran and the United States, triggering a broad “risk-on” rally across regional markets.

Leading the charge was Japan’s SoftBank, which climbed more than 10%, making it the strongest performer among major Asian tech stocks. Other Japanese tech giants, including Tokyo Electron and Advantest, also posted strong gains of around 7%.

South Korea’s semiconductor heavyweights joined the rally, with Samsung Electronics rising about 4.5% and SK Hynix jumping over 6%. In Taiwan, TSMC gained nearly 3%, while Foxconn also posted modest gains, reflecting renewed investor confidence in global chip demand.

The surge followed reports of a breakthrough peace deal between Iran and the U.S., with Pakistan’s Prime Minister Shehbaz Sharif saying both sides had agreed to end military operations. U.S. President Donald Trump also signaled an agreement, including the reopening of the Strait of Hormuz and easing of naval tensions—developments that helped calm global oil market fears.

Analysts say the tech rally is also supported by long-term investor interest in artificial intelligence and semiconductor growth. Despite geopolitical tensions easing sentiment, Asia’s tech sector continues to attract capital as investors rebalance portfolios while staying exposed to the global AI boom.

source: cnbc