<h1>Technology stocks surge to record highs despite mixed inflation data affecting market sentiment</h1> Asian markets showed mixed performance following inflation data that pulled most US stocks lower, though technology gains pushed the Nasdaq to a record high. The technology company's assurance about AI chip licenses drove significant gains, while banking stocks were mixed after earnings reports. US inflation accelerated to 2.7% from 2.4%, potentially affecting Federal Reserve rate cut expectations. Japanese markets gained amid currency movements and upcoming elections, while other regional markets showed varied results. Oil prices rose slightly, and Treasury yields increased following the inflation report. The mixed performance reflects ongoing concerns about monetary policy and trade tensions.