Nikkei Rises 1.7% as Chip Stocks Lead Gains
Japanese stocks rose after Anthropic's IPO paperwork eased concerns about a potential AI bubble. Tokyo Electron gained 4.5% and Screen Holdings rose 5.2%; the dollar traded at 157.51 yen.
2012 ET - Japanese stocks are higher after Anthropic's IPO paperwork helped ease concerns about a potential AI bubble. Chip-related stocks are leading gains. Tokyo Electron is up 4.5% and Screen Holdings is 5.2% higher. The dollar is at 157.51 yen, compared with Y156.98 as of Monday's Tokyo stock m…