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Asian Shares Rise as Chipmakers Gain, Oil Climbs: Markets Wrap

Bloomberg Markets·July 22, 2026·1 min read

Asian shares advanced as regional chipmakers gained on expectations they will benefit from billions spent on artificial intelligence buildout. Oil extended its rally, contributing to the positive market sentiment. The gains reflect investor optimism about AI-driven demand for semiconductors and rising energy prices, though specific index movements were not detailed in the report.

Read at Bloomberg Markets
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