Asia markets trade mixed after Wall Street rallies; chip shares in focus after U.S-Taiwan deal

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The metropolis skyline is seen with the landmark Taipei 101 gathering from a lookout constituent connected Elephant Mountain successful Taipei connected April 14, 2025. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images)

I-hwa Cheng | Afp | Getty Images

Asia-Pacific markets were mixed Friday, breaking ranks with a rally connected Wall Street, fueled by spot and slope stocks.

U.S. semiconductor stocks led gains after Taiwan Semiconductor Manufacturing Co. delivered different grounds quarter, saying it expects to boost superior spending successful 2026 to betwixt $52 cardinal and $56 billion.

Investors successful Asia are watching chip-related stocks aft the U.S. reached a commercialized woody with Taiwan. As portion of the deal, Taiwanese semiconductor companies agreed to put astatine slightest $250 cardinal successful U.S. accumulation capableness successful speech for little "reciprocal" tariffs.

Japan's Nikkei 225 slipped 0.41%, extending losses from Thursday, portion the broad-based Topix was down 0.42%.

South Korea's Kospi was 0.3% up, portion the small-cap Kosdaq was 0.21% down.

Australia's S&P/ASX 200 roseate 0.22%.

Hong Kong Hang Seng scale futures were astatine 27,150, higher than the HSI's past adjacent of 26,923.62.

U.S. slope stocks besides precocious aft the latest raft of quarterly earnings. Goldman Sachs advanced much than 4% aft its fourth-quarter profit topped Wall Street estimates. 

Morgan Stanley jumped astir 6% aft its wealthiness absorption portion contributed to top- and bottom-line beats in the 4th quarter. Both stocks touched caller 52-week highs.

Overnight successful the U.S., the Dow Jones Industrial Average added 0.60%, portion the S&P 500 rose 0.26% and the Nasdaq Composite advanced 0.25%.

The rally besides came connected the backmost of coagulated economical data. Jobless claims information for the week ending Jan. 10 came successful astatine 198,000, little than the 215,000 expected by economists polled by Dow Jones.

—CNBC's Lisa Kailai Han and Sarah Min contributed to this report.

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