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

As reported by Markets-Economic Times
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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Tokyo's Nikkei index achieved a record closing high on Thursday, soaring over 4%. This significant surge was primarily driven by a strong rally in AI-related stocks, especially chipmakers, following an optimistic earnings forecast from U.S. firm Micron. Major tech companies like…

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