In morning trading in Tokyo on the 27th, the Nikkei Average was reportedly trading at ¥63,381.29 at the midday close. AI and semiconductor-related stocks were reported to have been bought after Anthropic disclosed its IPO prospectus.
In morning trading in Tokyo on the 27th, the Nikkei Average rebounded, closing at midday at ¥63,381.29, up ¥1,191.64 from the previous day. Buying was particularly prominent in AI and semiconductor-related stocks amid developments involving a US AI developer. The Nikkei Average's gain exceeded ¥1,400 at one point.
The market took notice after Anthropic, a US AI company, disclosed its prospectus for an initial public offering (IPO) on the 26th. The company is reportedly aiming to list on the Nasdaq in the future and raise approximately $100 billion.
Amid expectations that strong demand for AI-related products would continue, Advantest rose more than 10% at one point. A broad range of AI and semiconductor-related stocks, including SoftBank Group, Tokyo Electron, Ibiden and Lasertec, also attracted buying.
The Nikkei Average had fallen approximately ¥2,400 over the 3 trading days through the previous day, which reportedly made it easier for buying aimed at an automatic rebound to emerge.
As of the midday close, estimated trading value on the TSE Prime Market was ¥3.4242 trillion and trading volume was 987.67 million shares. A total of 702 stocks rose, 802 fell and 47 were unchanged.
Fanuc and Murata Manufacturing rose, while Fast Retailing, KDDI and Recruit were reported to have declined.