Nikkei Hits 3-Month High On AI Rally | dailyai.report
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6d ago
Nikkei Hits 3-Month High On AI Rally
The Nikkei surged 2.53% as investors piled into AI and semiconductor stocks. Gains at Advantest and Tokyo Electron drove the index to a three-month peak. This rally follows similar momentum on Wall Street and easing Federal Reserve rate hike expectations.
The Signal
Traders now view Japanese chip firms as primary beneficiaries of the ongoing AI hardware cycle.