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business/news//Times of India
Technology stocks jumped back after US President Donald Trump announced a two-week ceasefire with Iran.
A two-week US-Iran ceasefire announcement triggered a sharp rebound in technology stocks.
KEY POINTS
TSMC rose 7%, while ASML, Applied Materials, and Micron each surged 9% in a single day.
Lam Research, Western Digital, and Seagate all gained 10% after recent significant declines.
Microsoft shares fell 23% in Q1, a steeper drop than any other major tech peer.