Asian stocks saw a 0.1% increase after US tech shares reached record highs, largely influenced by a strong outlook from Cisco Systems Inc., which saw its shares surge 18% in after-hours trading. The Nasdaq 100 futures rose 0.5% as investors remain optimistic about the technology sector's growth, driven by AI investments. In China, equities are poised for a 1% advance, marking their highest level since 2021, with attention focused on the upcoming summit between US President Donald Trump and Chinese President Xi Jinping in Beijing. Meanwhile, US wholesale inflation accelerated to 6% year-on-year, raising concerns about rising costs and potential Federal Reserve interest rate hikes. Despite geopolitical tensions, analysts from Morgan Stanley are optimistic, projecting the S&P 500 could reach 8,300 within the next year, supported by strong corporate earnings which have surged 27% in the first quarter, exceeding expectations.