Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data
Published . Updated .
Covered by 12 outlets: WPLG Local 10, WRAL, ClickOnDetroit | WDIV Local 4, Laredo Morning Times, CT Insider, WSLS and 6 more.
Who covered it: Lean Left 1 / Center 1 · Not rated 10. How we rate outlets
Key takeaways
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NEW YORK (AP) — A rebound for stocks in the artificial-intelligence industry is lifting the U.S. market on Wednesday.
Directly affected
- No company is named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF-15.5% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF-19.8% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- TIP iShares TIPS Bond ETF+0.4% 19d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- AAXJ iShares MSCI All Country Asia ex Japan ETF-9.1% 10d
iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Asia
- EFA iShares MSCI EAFE ETF-0.7% 6d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Asia
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| SMH | +4.28% | -4.14% | base | +4.60% | after close | after close | after close |
| SOXX | +2.68% | -6.81% | base | +5.57% | after close | after close | after close |
| QQQ | +2.50% | -2.74% | base | +1.99% | after close | after close | after close |
| TIP | +0.74% | +0.94% | base | -0.05% | after close | after close | after close |
| AAXJ | +2.19% | -2.15% | base | +0.00% | after close | after close | after close |
| BWX | +0.44% | +0.07% | base | -0.63% | after close | after close | after close |
| EFA | +1.31% | -2.38% | base | -0.25% | after close | after close | after close |
| GOOGL | +0.54% | -0.95% | base | +1.21% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data WPLG Local 10
Source: WPLG Local 10
The price since 11 Nov 2026: Vaneck Etf Trust (SMH) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Msci Asia Ex-Japan (AAXJ) | that day | 0.00% | still updating |
| Ishares Msci Asia Ex-Japan (AAXJ) | three days earlier | -2.15% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | five days earlier | +2.19% | final price |
| Spdr Series Trust (BWX) | that day | -0.63% | still updating |
| Spdr Series Trust (BWX) | three days earlier | +0.07% | final price |
| Spdr Series Trust (BWX) | five days earlier | +0.44% | final price |
| Ishares Tr (EFA) | that day | -0.25% | still updating |
| Ishares Tr (EFA) | three days earlier | -2.38% | final price |
| Ishares Tr (EFA) | five days earlier | +1.31% | final price |
| Alphabet (GOOGL) | that day | +1.21% | still updating |
| Alphabet (GOOGL) | three days earlier | -0.95% | final price |
| Alphabet (GOOGL) | five days earlier | +0.54% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +1.99% | still updating |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -2.74% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +2.50% | final price |
| Vaneck Etf Trust (SMH) | that day | +4.60% | still updating |
| Vaneck Etf Trust (SMH) | three days earlier | -4.14% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | +4.28% | final price |
| Ishares Tr (SOXX) | that day | +5.57% | still updating |
| Ishares Tr (SOXX) | three days earlier | -6.81% | final price |
| Ishares Tr (SOXX) | five days earlier | +2.68% | final price |
| Ishares Tr (TIP) | that day | -0.05% | still updating |
| Ishares Tr (TIP) | three days earlier | +0.94% | final price |
| Ishares Tr (TIP) | five days earlier | +0.74% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Alphabet (GOOGL) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 14 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 58 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vaneck Etf Trust (SMH)
Companies carried with this story
- SMH Vaneck Etf Trust
In “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story
- SOXX Ishares Tr
Ishares Tr (SOXX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data.” Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story
- QQQ Invesco Qqq Trust, Series 1
In “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- TIP Ishares Tr
In “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- AAXJ Ishares Msci Asia Ex-Japan
For “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data,” Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”)
- BWX Spdr Series Trust
Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data.” Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Asia
- EFA Ishares Tr
In “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Asia
- GOOGL Alphabet
Alphabet (GOOGL) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data.” Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
Vaneck Etf Trust (SMH)
Vaneck Etf Trust (SMH) is the company in “Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data,” the 11 Nov 2026 this story story.
The link for Vaneck Etf Trust (SMH) is this: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story
Also listed, Ishares Tr (SOXX): iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story
Price levels for Vaneck Etf Trust (SMH)
QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73.
How strong the case is around Vaneck Etf Trust (SMH)
100 out of 100Price not final
“Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data” scores 100 out of 100. The score uses 12 sources, and 8 linked companies. The price is not final yet.