Japan's benchmark Nikkei index rallied sharply on Friday, climbing 4% as investor sentiment improved after strong earnings guidance from Microsoft eased concerns over heavy artificial intelligence (AI) infrastructure spending. According to Reuters, optimism surrounding global technology stocks triggered broad-based buying in Japanese equities.
The Nikkei ended the session 4% higher at 64,362.02 after soaring as much as 5.7% during intraday trade. The broader Topix index also advanced 1.83%, reflecting gains across several sectors.
