Asian markets bounce back after Wall Street AI-stock recovery

Asian shares and US stock futures rose Monday after a chaotic week of AI-related selling. Taiwan's benchmark jumped more than 6% after its steepest weekly drop in two decades, led by TSMC, while Japan's Nikkei added 3.5% and Korean shares climbed 1.8%. Investors had dumped tech last week on fears that Democrats' midterm wins would bring tighter regulation of AI and data centers. Nvidia lagged, falling about 3.5% in after-hours trading as its board investigates CEO Jensen Huang. Earnings from CoreWeave, Applied Materials and Cisco this week will test the AI trade.