At the Tokyo market's morning open on the 6th, the Nikkei 225 extended its gains, with semiconductor-related shares including Advantest attracting buying. Buying of AI-related shares, following gains in major US stocks, pushed the Nikkei 225 higher.
The Nikkei 225 extended its gains at the morning open, temporarily rising to the mid-¥70,200 range. AI and semiconductor-related shares led the market, with Advantest setting another record high.
In the US stock market, buying of mega-cap technology shares including Nvidia was dominant, and the Nasdaq Composite set a new high. This trend strengthened interest in semiconductor-related shares in Japan, including Advantest, TDK and Fujikura. Advantest's market capitalization temporarily exceeded ¥30 trillion.
The Nikkei 225 temporarily struggled to extend its gains in the afternoon, while the TOPIX continued to rise. Recruit and Fast Retailing rose, while Kyocera and Kokusai Electric fell. Profit-taking selling was likely to emerge in major stocks, while buying of semiconductor-related shares supported the market overall.