Advantest's share price continued to renew its record high, reaching ¥39,580, up ¥1,970 from the previous day. Buying continued on the back of Micron Technology's strong earnings and the September Tankan survey.
Advantest's share price continued to rise, reaching ¥39,580, up ¥1,970 from the previous day, and renewing its all-time high since listing after adjusting for the stock split.
The move was reportedly driven by buying following strong earnings from U.S. memory-chip giant Micron Technology and the September Short-Term Economic Survey of Enterprises in Japan (Tankan). Sentiment toward semiconductor-related stocks was also cited as a factor supporting the broader market.