Asian markets showed a recovery on Wednesday after Tuesday's tech sell-off, with the MSCI Asia Pacific Index rising 0.8% following a 3.6% drop the previous day. South Korea's Kospi index, heavily linked to semiconductor companies, led gains by rising over 3% after falling 10% in the prior session. All eyes are now on Micron Technology's upcoming earnings report, which is considered a key indicator for the semiconductor industry and AI infrastructure spending, as investors seek to gauge the real strength of AI demand. For Indian investors, global tech stock trends and falling crude oil prices are important for tracking market sentiment and energy sectors. Brent crude oil prices fell below $77 per barrel due to easing geopolitical tensions, which is generally positive for India as a major oil importer, potentially supporting the rupee and benefiting oil marketing companies, paints, and auto manufacturers. However, caution remains as financial analysts have raised concerns about the sustainability of the tech rally, with some market technicians warning that semiconductor stocks may face valuation pressure as the market re-evaluates AI-related growth. Additionally, scrutiny is ongoing regarding product margins in the memory chip sector, with reports suggesting companies may focus on lower-cost products to capture volume, signaling softer pricing power.