"Tech Surge: Asian Stocks Rise Despite Weekly Losses"

Asian stocks surged on Friday, driven by a positive outlook from TSMC and a rebound in the technology sector, but most markets were still on track for weekly losses due to weakness in China and uncertainty over interest rates. TSMC's optimistic forecast for AI demand boosted tech stocks across the region, with Japan's Nikkei index leading the gains. However, concerns over China's economic data and doubts about early U.S. rate cuts weighed on investor sentiment, resulting in most Asian bourses heading for a negative week.