Asian equity markets staged a broad-based recovery on Wednesday, with semiconductor stocks leading the charge higher.
The rebound came as investors rotated away from raw materials, which faced significant selling pressure across multiple asset classes.
The shift in sentiment marked a clear departure from the previous session's severe global sell-off, which had hammered technology shares and broader indices.
While tech names roared back, commodities struggled, with oil prices falling sharply and silver dropping significantly.
Gold also weakened, trading below the $4,000 level.
This divergence highlights a rotation in market risk appetite.