Asia stocks rebound as SpaceX, Super Micro results lift chipmakers

Investing.com -- Asian stocks advanced on Wednesday as stronger-than-expected earnings from major beneficiaries of the artificial intelligence boom revived confidence in the technology trade, helping regional chipmakers rebound after last week's selloff. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Brent traded above $110 a barrel as attacks near the Strait of Hormuz threatened supplies and U.S. data pointed to another crude-stock draw, fuelling inflation concerns even as strong earnings offered some relief to tech investors. Wall Street was mixed overnight, with the Dow Jones Industrial Average rising 1% and the S&P 500 gaining 0.