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Renesas Electronics Corporation is upgraded to "Buy," considering the positive takeaways from its latest asset sale and Capital Markets Day disclosures. RNECY's recent divestiture reduces net leverage

Japanese AI-linked stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia. The declines followed another weak session for U.S. technology stocks.

Asian semiconductor stocks tumbled on Thursday as a sell-off in U.S. chipmakers spilled into the region. Shares of SK Hynix tumbled over 9% in Seoul, reversing the previous session's 8% rally.