Asian technology markets climbed sharply on Monday after investors reacted positively to reports that Iran and the United States have reached an agreement to end their ongoing conflict. The news sparked renewed confidence in global markets, especially in tech-heavy sectors across Japan, South Korea, and Taiwan.
Japanese investment giant SoftBank was the biggest winner among major regional tech stocks, closing the day more than 10% higher. Other Japanese semiconductor-related companies also saw strong gains, with Tokyo Electron rising about 7% and Advantest increasing by nearly 7.7%.
South Korea’s major chipmakers also joined the rally. Samsung Electronics gained around 4.5%, while SK Hynix climbed more than 6%, reflecting strong investor demand for memory chip stocks amid improving global sentiment.
In Taiwan, Taiwan Semiconductor Manufacturing Company (TSMC) rose about 2.8%, while Foxconn (Hon Hai Precision Industry) added roughly 2.7%. These gains show broad strength across Asia’s semiconductor supply chain, which plays a central role in global tech production.
Several of these companies have already been on a strong upward trend in recent weeks. Samsung and SK Hynix recently crossed the $1 trillion market valuation milestone, while SoftBank has strengthened its position as Japan’s most valuable company.
The market rally was largely driven by improving global risk sentiment following reports of a peace deal between Iran and the United States. Investors interpreted the development as a major step toward stabilizing the Middle East and reducing threats to global trade routes.
According to Pakistan’s Prime Minister Shehbaz Sharif, both countries have agreed to end military operations immediately and permanently. He added that the official signing ceremony is scheduled for June 19 in Switzerland, with Pakistan acting as a mediator in the negotiations.
U.S. President Donald Trump also confirmed the agreement, stating, “The Deal with the Islamic Republic of Iran is now complete.” He further announced plans to reopen the Strait of Hormuz and lift the naval blockade, signaling a return to normal oil shipping routes.
Trump added in a separate post, “Ships of the World, start your engines,” and emphasized that global oil flow would resume following the agreement.
Market analysts say the easing of geopolitical tensions has encouraged investors to return to riskier assets such as technology stocks. The anticipation of lower energy disruption and improved global stability has helped boost confidence across equity markets.
According to Ecaterina Bigos, Chief Investment Officer for Asia ex-Japan at BNP Paribas Asset Management, investors are still focused on long-term technology themes despite short-term uncertainty.
“Because again, not to forget that investors are trying to rebalance some parts of the portfolios, but they still want to stay in that race of AI,” she said during CNBC’s “Squawk Box Asia.”
Broader Asian markets also ended the day in positive territory, reflecting widespread optimism that the geopolitical situation may continue to stabilize in the coming weeks.
