Meaghan Tobin, What the Extraordinary Market Volatility in Asia Says About Energy and A.I. NYTimes, Mar. 5, 2026.
Stocks across most of Asia rallied on Thursday, a day after tumbling over fears around the region’s heavy reliance on imported oil and gas.
The turnaround illustrates the hair-trigger reactions of investors around the world who are trying to assess the immediate and possible long-term effects of the strikes on Iran by the United States and Israel and the repercussions around the Persian Gulf, where much of the world’s oil and gas is produced. [...]
Over the past year, intense optimism about artificial intelligence has led investors to pour money into tech stocks in Taiwan and South Korea. The two places make most of the equipment like computer chips and servers that power the world’s A.I. systems. They also depend on imports for virtually all of their energy.
The stock market seesaw served as a reminder not only of the central role that these two East Asian democracies play in the global economy, but how bullish investors remain about A.I.
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