Japanese Shares Gain on Micron Forecast
2026-06-25 00:50
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index jumped more than 2% to above 70,000, while the broader Topix Index rose 0.7% to 3,992 on Thursday, snapping a two-day losing streak as Japanese equities tracked gains in US stock futures following Micron Technology’s strong outlook, which reinforced optimism around the artificial intelligence sector.
Japanese firms are well positioned to benefit from the global expansion of AI infrastructure thanks to their strategic investments in the industry, helping make them some of the market’s top performers this year.
Investor sentiment was also lifted by falling oil prices amid progress in US-Iran peace negotiations, easing concerns for Japan’s import-dependent economy.
Chipmakers and AI-related companies led the advance, with notable gains from Kioxia Holdings (8.9%), Tokyo Electron (5.8%), Advantest (9.2%), Taiyo Yuden (6.3%), and Murata Manufacturing (4.6%).