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Asia stocks rise as chip selloff eases, eyes on US CPI

Original: Asia shares edge up as chip selloff eases; US CPI awaited

Asian shares edged higher after a recent selloff in semiconductor stocks showed signs of easing. Investors across the region were cautious but broadly positive, holding out for the latest US consumer price index figures, which could shape expectations for Federal Reserve interest rate policy. Chipmakers, key drivers of Asian markets, steadied after recent losses.

Why now: Markets are at a sensitive juncture ahead of US inflation data that could move rate expectations and the tech-heavy chip sector.

Asian stock marketssemiconductor sectorUS Federal ReserveUS CPI

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Evidence

• Asia shares edge up as chip selloff eases; US CPI awaited · Reuters

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