Australian tech shares mirror a rebound in Wall Street software stocks
ReutersFeb 9, 2026 4:24 AM
Australian technology stocks .AXIJ bounce back to rise 3.3%, set for their strongest session since January 23
Sub-index up tracking a strong overnight run by Wall Street tech stocks, with software companies rebounding from recent losses, and chipmakers rallying after Amazon forecast a sharp increase in spending on AI infrastructure .N
Software providers Wisetech WTC.AX and TechnologyOne TNE.AX add between 3.3% and 3.8%, while data centre developer NEXTDC NXT.AX climbs 5.9%
AXIJ down 17.7% YTD after shedding 21% in 2025
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