The Nikkei average rose and recovered the ¥61,000 range. Buying in AI and semiconductor stocks led the market, and although US stocks were briefly unsettled by news of the NVIDIA CEO's resignation, the market is reported to have regained its composure.
In the Tokyo market on the 13th, the Nikkei average rose, with buying spreading from the opening and the gain briefly exceeding ¥900. This brought the index back into the ¥61,000 range.
Buying was concentrated in major AI and semiconductor-related stocks, and the Nikkei continued to rise on the strength of this sector.
In the US market, the resignation of the CEO of major semiconductor company NVIDIA was reported, and the market briefly fell, but it subsequently pared its losses.
Market participants said the stock market had regained its composure after an interim CEO was appointed, and that the event had not developed into a shock capable of pushing the Nikkei as a whole lower.