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Nikkei hits record with AI stock gains

Nikkei hits record with AI stock gains

The Japanese Nikkei Index rose by more than 4.6% to close at its highest level, supported by gains in AI-related companies, including SoftBank, which surged 8%, and semiconductor manufacturers such as Advantest, which increased by 15%, and Tokyo Electron, up 7.78%. Additionally, stocks of AI data center companies saw notable declines, while energy and mining stocks fell due to a drop in oil prices.

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