Asian Markets up as AI Woes Subside

Why It Matters

The pause in AI-related panic and steady foreign inflows are rekindling risk appetite across Asian markets, lifting regional benchmarks and benefiting undervalued stocks like those in the Philippines; however, cautious investor reaction to Nvidia signals potential limits to the AI-driven rally.

Summary

Asian equities extended gains for a fourth day as investor fears over AI-driven disruption eased, with South Korea’s KOSPI and Japan’s benchmark hitting fresh records. Nvidia’s stellar results drew only a muted rally amid warnings that the AI sector may be overheating. Philippine shares climbed for a seventh straight session, supported by roughly ₱1 billion in net foreign buying and interest in markets seen as attractively valued. Corporate updates also featured Philippine miners such as Nickel Asia reporting earnings results.

Original Description

Philippine shares join Asian peers in the green to mark a seventh straight winning session on Thursday. -ANC, February 26, 2026