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Asian Shares Rise On Chip Rally As Oil Jump Revives Inflation Fears

Tokyo, 9 July 2026 – Asian shares climbed on Thursday as semiconductor stocks rebounded, helping investors look past renewed pressure from higher oil prices after fresh Gulf hostilities revived concerns over inflation and interest rates.

The market mood improved across key technology-heavy indices, with chipmakers leading gains after reports that China would allow limited purchases of certain advanced chips. The development lifted sentiment towards the semiconductor supply chain, a sector closely tied to artificial intelligence demand, data centres and high-performance computing.

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  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.

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