Economic TimesLean R·
Nikkei marks record closing high as AI shares rally on Micron forecast
Tokyo's Nikkei index soared to a record high, surging over 4% on Thursday. This significant jump was fueled by a powerful rally in AI-related stocks, particularly chipmakers, following an optimistic earnings forecast from U.S. firm Micron. Investors eagerly bought back into technology shares, driving major companies like SoftBank Group, Advantest, and Tokyo Electron higher. Energy stocks, however, experienced a downturn as oil prices continued to fall.
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