AI firms drive Japan stock gains
The Japanese Nikkei index rose by more than 3.5% after a previous downward wave, amid a rebound in AI company stocks that recorded record highs following the announcement of positive quarterly earnings and revenue forecasts from the American company Micron. Micron expects to achieve profits and revenues higher than expectations, amounting to $22 billion from its clients. Additionally, stocks of companies providing AI technology, such as SK Hynix and Advantest, experienced significant jumps, while the energy sector declined as oil prices continued to fall.
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