Philadelphia Semiconductor Index gained as much as 5% intraday, with AMD (AMD.O) and Marvell (MRVL.O) up over 8%, Broadcom (AVGO.O) up 7.6%, Arm (ARM.O) up over 6% and Micron Technology (MU.O) up 5.5%.

SoftBank will report quarterly results on Tuesday; investors are seeking reassurance on strategy after AI-related stocks sold off and a bid for ABB’s robotics unit stalled. The group’s heavy AI exposure — including a $64.6bn purchase for a 13% stake in OpenAI — has heightened concerns about its resilience to sector setbacks. Rolf Bulk of Futurum Group said questions around infrastructure build-out, financing, power supply and deployment sites that were easier to answer six months ago are now far more complex. AI industry health is material for SoftBank given investments spanning AI models, data centres, semiconductors and robotics. Net interest-bearing debt rose to JPY10.8 tln at end-June (about $68bn), from JPY6.6 tln a year earlier.

据土耳其广播电视公司：苹果公司蒂姆·库克在安卡拉会见土耳其总统埃尔多安。