SoftBank surges more than 12% as Iran-U.S. peace deal sends Asia stocks soaring

SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company's office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images Asian tech stocks surged Monday, as investors cheer news that Iran and the U.S. have reached a deal to end the Middle East conflict. Japanese tech investor SoftBank was the best performer among major tech stocks in Asia, rising over 12%. …