HONG KONG (AP) — Asian shares were mostly higher Wednesday after AI stocks drove gains on Wall Street.

U.S. futures edged lower and oil prices rose.

In early trading, South Korea’s Kospi was up 5.6% at 5,952.41.

Memory chipmaker SK Hynix jumped 7% to its highest level in two weeks after it reported a record-high operating profit of 83.3 trillion won ($62.8 billion) for the last quarter, up nearly seven-fold from a year earlier and beating market estimates.

Samsung Electronics surged 8.5%. It is set to report its third-quarter earnings Thursday.

Japan’s benchmark Nikkei 225 rallied 1.3% to 64,094.51.…