Asian markets rebound after AI selloff

Asian markets staged a major reversal today.
More than $500B was added to regional equities as semiconductor and AI stocks rebounded after the recent selloff.
South Korea’s KOSPI jumped 4.6%, adding roughly $189B in market value.
Japan’s Nikkei gained 1.6%, while Taiwan, China, Hong Kong, and India also moved higher.
The rebound followed a strong close in U.S. stocks.
For Asia exposure like $EWY and $EWJ, this looks like a major risk-on bounce after forced selling.