[Trump Pledges to Safeguard the Strait of Hormuz, Asian Tech Stocks Lead Record Market Surge] Jin10 News, May 4 – Asian stock markets surged on Monday, driven by strong earnings reports from major U.S. tech companies and Trump’s announcement that the U.S. would begin guiding some neutral vessels trapped in the Persian Gulf through the Strait of Hormuz, prompting a rebound in tech stocks. The MSCI Asia-Pacific Index, excluding Japan, rose as much as 2.7%, hitting a record high. Benchmark indices in South Korea and Taiwan, dominated by tech stocks, both soared over 3.5%. SK Hynix shares surged nearly 10%, while TSMC jumped more than 6%. Pepperstone Group research strategist Dilin Wu noted that markets like South Korea are performing well due to AI-driven trading or speculation. She stated that she is 'cautiously optimistic about the overall Asian market,' as geopolitical uncertainties and high oil prices could pose constraints on the stock market.