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The Economic Times
The Economic Times

Nikkei marks record closing high as AI shares rally on Micron forecast

Micron SoftBank Group Advantest Tokyo Electron Oil

Japan's Nikkei share average rose more than 4% on Thursday to notch a record closing high, as AI-related stocks surged after U.S. memory chipmaker Micron's upbeat quarterly profit and revenue forecast.

The Nikkei closed ‌4.6% higher ⁠at 72,366.34, ⁠snapping two straight sessions of declines. The broader Topix rose 1.33% to 4,016.47.

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