The Nikkei average's morning close in the Tokyo stock market on the 12th was ¥61,714.16, up ¥465.57 from the previous day. A broad range of stocks was bought on the back of gains in U.S. stocks, while semiconductor stocks were weighed down by NVIDIA-related reports.
The morning close for the Nikkei Stock Average (225 issues) in the Tokyo stock market on the 12th was ¥61,714.16, up ¥465.57 from the previous close. Buying spread across the Tokyo market following gains in U.S. stocks, and a broad range of stocks rose.
However, some reports said that NVIDIA, a major U.S. semiconductor company, was preparing to remove its CEO over allegations of espionage. Some semiconductor-related stocks were sold, weighing on the market. Against this backdrop, some market participants said that the sustainability of AI investment would continue to be a key focus as an indicator of the economic cycle.
Market participants said that the sustainability of recent AI-related investment would be a focus going forward, and major securities firms expressed a similar view.