Japan's Nikkei Hits Six-Week High on Micron Forecast, Chip Stock Strength
Japan's Nikkei 225 Index surged to a more than six-week high on Thursday, boosted by gains in key chip-related stocks. Robust earnings from Micron Technology fueled optimism regarding AI-related investments, driving the Nikkei 225 up by 2.28% to 68,276.92.
Japan's Nikkei share average rose to a more than six-week high on Thursday, supported by gains in a handful of heavily weighted chip-related shares after robust earnings from Micron Technology fuelled optimism over AI-related investment. 92, its highest level in more than six weeks.