Mitsubishi Electric is positioning its medium-term strategy around data centers, factory automation, and infrastructure projects, with Jefferies analysts seeing upside potential. The stock has climbed 43% this year to 6,560 yen, though analysts argue markets haven't fully priced in profit growth from overseas defense projects and automation initiatives. Jefferies maintains a buy rating with a raised target of 7,700 yen.

NetEase prepares for its Sea of Remnants game launch this summer, which Nomura analysts expect will re-accelerate gaming growth in the second half. The Chinese company's first-quarter results topped expectations, showing resilience in decade-old titles. Online game revenue growth should improve to 9% in the second half from 5% in the first half. Nomura keeps its buy rating and $155 target price on the ADRs.

Taiwan's Taiex jumped 3.3% to 43,644.40, buoyed by semiconductor stocks after Nvidia's strong earnings last week. The rally extended across the supply chain as institutional investors piled in amid earnings upgrades. TSMC rose 2.4%, MediaTek surged 10%, and Delta Electronics gained 9.3% on data-center demand.

These moves reflect broader tech sector strength as investors rotate toward infrastructure plays and gaming recovery stories, with semiconductor supply chains leading gains in Asian markets.