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Stocks•9 June 2026•

1 min read

Asia Tech Stocks Rebound on Geopolitical Easing and SpaceX IPO Anticipation

Key Facts

1Dip buyers aggressively returned to semiconductor and AI-related stocks, lifting the Nasdaq 100.

2A temporary Israel-Iran ceasefire helped contain oil prices and ease geopolitical concerns.

3Investors are preparing for a record-breaking SpaceX IPO that could reshape global liquidity flows.

Following weeks of sharp volatility, buying pressure returned to Asian tech stocks as risk appetite improved. According to reports, dip buyers aggressively returned to semiconductor and AI-related stocks, lifting the Nasdaq 100 index. This recovery was further supported by a temporary Israel-Iran ceasefire that helped contain oil prices and ease geopolitical concerns, while investors prepare for a record-breaking SpaceX IPO that could reshape global liquidity flows.

This rebound comes at a critical juncture for the global tech sector, as investors monitor the performance of major players like SoftBank (9984.T), a key driver in AI investments. Compared to industry peers, market data shows relative stability in mega-cap tech shares despite the headwinds of elevated Treasury yields. The de-escalation in geopolitical tensions has allowed market participants to refocus on fundamental growth drivers within the semiconductor industry.

Regarding price action, SoftBank (9984.T) stood at 6826 JPY (at close 2026-06-09), having reached a daily high of 7175 JPY. Traders should watch for upcoming catalysts, specifically the speech by BOJ Governor Ueda later today, which may provide clues on monetary policy and its subsequent impact on the Yen and export-oriented tech stocks.