09.07.202600:54:54UTC+00Japanese Shares Rise on Tech Rebound

The Nikkei 225 Index jumped 2% to climb back above 68,000, while the broader Topix Index added 0.4% to reach 4,022 on Thursday, as Japanese equities snapped a two-day losing streak led by a rebound in technology stocks. Sentiment was buoyed by overnight gains in US chipmakers and memory-related names, which provided a positive lead for domestic shares.

Confidence was further underpinned by reports that South Korean chipmaker SK Hynix’s planned US listing was more than seven times oversubscribed, underscoring robust investor appetite for artificial intelligence–related infrastructure. In a separate development, US private equity firm Bain Capital sold its entire stake in Japanese flash memory producer Kioxia Holdings; nevertheless, Kioxia’s shares surged more than 7% during the session.

Among other notable technology gainers, Murata Manufacturing rose 4%, Advantest advanced 6.9%, Tokyo Electron gained 4%, and Fujikura added 5.1%.