In morning trading on the 11th, the Nikkei Stock Average rose ¥465 to ¥61,714, as buying of AI- and semiconductor-related stocks pushed up the market. As of the morning close, TOPIX and the JPX Prime 150 Index had also extended their gains.
In the U.S. stock market, developments related to earnings from cloud companies serving the AI sector were reported, and CoreWeave surged. Against this backdrop, buying of AI- and semiconductor-related stocks prevailed in the Tokyo market, and the Nikkei rose more than ¥500 at one point during the morning. Through the previous day, uncertainty had also spread around NVIDIA following reports in the online edition of The Wall Street Journal, although some said the impact on the industry would be limited.
As of the morning close, the Nikkei had extended its gains, while TOPIX was up 28.83 points at 3,958.22 and the JPX Prime 150 Index was up 12.40 points at 1,652.12. Some domestic-demand-related stocks were bought amid overseas diplomatic and economic developments, highlighting the resilience of the indexes.