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The Economic Times
The Economic Times
Anupam Nagar

Global Market: Japan’s Nikkei hits six-week high as chip stocks rally on AI optimism

Japan’s Nikkei share average climbed to a more than six-week high on Thursday, supported by gains in heavily weighted chip-related stocks after strong earnings guidance from Micron Technology boosted optimism over continued investment in artificial intelligence, Reuters reported.

The Nikkei 225 rose 2.28% to 68,276.92, its highest level since August 18. The broader Topix was largely unchanged, edging 0.03% higher at 4,109.40.

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