CPU-related stocks rise, Nikkei gains on Meta's AI gadget announcement

The story

Tokyo stocks were generally higher in trading after the holiday, with semiconductor and CPU-related shares attracting buying. The catalyst was believed to be Meta Platforms' announcement of Meta Charm, equipped with the Muse AI assistant.

Ibiden rose 15.47% after the announcement. Socionext, Meiko Electronics and Ushio also gained more than 10%, ranking among the top performers on the Tokyo Stock Exchange Prime Market. Advantest rose 4.09%, making a significant contribution to the Nikkei.

Bank stocks, meanwhile, declined, with Mitsubishi UFJ Financial Group down 1.08%, Sumitomo Mitsui Financial Group down 1.6% and Mizuho Financial Group down 2.02%. The 10-year Japanese government bond yield rose to 3.055%, its highest level since August 1996, reportedly influenced by the yen's depreciation and moves in U.S. Treasuries.

Across the TSE Prime Market, 53% of stocks rose, 43% fell and 3% were unchanged. The Nikkei rose approximately 1.33% in Thursday's session, closing at 65,883.41.

At a glance

EventMeta announced Meta Charm, equipped with the Muse AI assistant.

Individual StocksIbiden rose 15.47%.

Individual StocksSocionext, Meiko Electronics and Ushio each rose more than 10%.

Individual StocksAdvantest rose 4.09%.

Bank stocksMitsubishi UFJ, Sumitomo Mitsui and Mizuho each declined (-1.08%, -1.6% and -2.02%, respectively).

IndicatorThe Nikkei 225 rose 1.33% on Thursday to 65,883.41.

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