Japan's Nikkei rallies as AI demand outlook brightens By Rocky Swift
TOKYO: Japan’s Nikkei share gauge rallied on Wednesday on renewed optimism over demand in the red-hot AI sector. The benchmark Nikkei 225 climbed 1.56% to 65,074.56 in early trading, while the broader Topix gained 1.03% to 4,050.65. US shares rose overnight,...
TOKYO: Japan’s Nikkei share gauge rallied on Wednesday on renewed optimism over demand in the red-hot AI sector. The benchmark Nikkei 225 climbed 1.56% to 65,074.56 in early trading, while the broader Topix gained 1.03% to 4,050.65. US shares rose overnight, while AI-related sentiment was boosted by SpaceX’s first profit as a public company. Separately, ByteDance, Alibaba and Tencent were reported to have ordered mo...