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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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economictimes.indiatimes.com
Japan's Nikkei rises past 72,000 as AI euphoria persists
Japan's Nikkei index has soared past 72,000 for the first time, fueled by AI investment enthusiasm and positive U.S.-Iran peace talks. The benchmark Nikkei 225 closed up 1.55%,…
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Micron stock surges after Micron earnings report crushes estimates: How is AI demand driving Micron to new heights and what does it mean…
