Asian tech stocks surge as U.S.-Iran cease fire ease Hormuz disruption worries
Xeon server chips shown to CNBC inside Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025. CNBC Asian technology and semiconductor stocks surged on Wednesday after the U.S. and Iran agreed to a conditional two-week ceasefire that includes a temporary reopening of the Strait of Hormuz. The news sent major indexes in Asian…