Asian technology stocks started the year strong, with chipmakers and AI-related names leading the gains. South Korea’s Kospi Index hit a record high thanks to Samsung Electronics, while Chinese tech shares surged amid enthusiasm over AI listings. However, investors are becoming more cautious as the sector’s rally may be entering a volatile phase after last year’s 47% surge in AI-related shares. The market could see higher returns with higher volatility, signaling a “late cycle” boom. Investors are closely watching Samsung’s fourth-quarter results for clues on the sector’s performance this year. Valuations for Asia’s tech shares still trail US peers, but the listing pipeline for Chinese AI firms remains strong.

Read more at Yahoo Finance: AI Euphoria Lifts Asia Tech as ‘Late-Cycle’ Volatility Looms