October 14, 2026 8:55 AM
Asia shares edge up as chip selloff eases; US CPI awaited
Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of U.S. inflation data later in the global day. Among firms in the AI supply chain, chipmakers Samsung Electronics, opens new tab and SK Hynix, opens new tab rose more than 2% in South Korea while Kioxia, opens new tab was steady in Japan, recovering some of the previous session's loss. MSCI's broadest index of A...