Nikkei 225 up 1,114 points this morning — 5th largest drop in history just last Friday, now bouncing hard.

AI/semiconductor stocks leading the rebound. "China AI shock" cooling off for now.

But here's the catch: US big tech still looking shaky. Sentiment mixed on whether this is a dead cat bounce or actual recovery.

Watch $NVDA and semis closely. If US tech can't hold, Asia won't either.