Asian tech stocks surged on Monday after reports that Iran and the United States had reached a deal aimed at ending the Middle East conflict, lifting investor sentiment across regional markets. Japan’s SoftBank led gains among major technology names in Asia, jumping more than 12%. Tokyo Electron rose 9.19%, while Advantest climbed 7.69%.
South Korea’s chipmakers also posted strong advances. Samsung Electronics gained 4.65% and SK Hynix rose 6.42%, supported by continued strength in the semiconductor sector. In Taiwan, TSMC increased 2.16%, and Hon Hai Precision, also known as Foxconn, added 2.5%.
The rally came as investors responded to expectations that tensions in the Middle East could ease. Pakistan’s Prime Minister Shehbaz Sharif said on Sunday that Iran and the U.S. had agreed to a deal, with both sides declaring an immediate and permanent end to military operations on all fronts. He said the official signing ceremony would take place on Friday, June 19, in Switzerland, with Pakistan serving as mediator between the two countries.
U.S. President Donald Trump also said in a Truth Social post that the agreement with Iran was complete. He said the Strait of Hormuz would be reopened without a toll system and that the U.S. would end its naval blockade of Iran. Trump added that oil should flow freely.
The semiconductor and AI-related trade has been a major driver of gains for several large technology companies in recent weeks. Samsung Electronics and SK Hynix each crossed $1 trillion in market valuation last month, while SoftBank recently became the most valuable company in Japan.
Market strategists said the broader technology sector remained resilient despite shifting risk sentiment. Ecaterina Bigos, chief investment officer of core investments for Asia ex Japan at BNP Paribas Asset Management, said investors are trying to rebalance parts of their portfolios while still wanting exposure to artificial intelligence.
Her comments reflected a wider pattern in Asia markets, where investors continued to favor tech stocks even as geopolitical developments influenced trading. The rebound across the sector highlighted confidence in AI-linked businesses, semiconductor demand, and the region’s leading chip supply chain.
Broader Asian equity markets also moved higher on Monday as optimism grew that the Middle East conflict may be nearing an end. The gains in major tech stocks helped lift regional indexes, with investors rotating back into risk assets amid hopes for greater stability in global energy and trade flows.
The sharp move in chipmakers underscored how sensitive Asian technology shares remain to both geopolitical headlines and expectations for continued growth in artificial intelligence and advanced computing. As the peace deal news spread, market participants quickly added exposure to some of the region’s most important semiconductor and hardware companies, driving one of the strongest technology rallies in recent weeks.
