Rebound in tech shares pushes Asian shares higher, while oil prices fall
New Delhi, June 25 -- Shares were mostly higher Thursday in Asia, led by tech-driven gains in Japan and South Korea as major computer chipmakers' stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology.
Oil prices fell more than $1, bringing them closer to where they were before the war with Iran started.
Qualcomm's share price surged 12% in afterhours trading after the company announced it had raised its forecast for revenue this year to $40 billion from $22 billion. It also announced a new computer chip for data centers called Dragonfly C1000 CPU that Meta plans to use.
Micron Technology's shares jumped nearly 16% in afterhours trading after it upgraded its forecast and exceeded analysts' ...
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