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Nikkei rebounds, briefly up over 1,400 yen to 66,000s

Nikkei tops 66,000 for first time, briefly up over 1,400 yen

The Nikkei Stock Average rebounded in Tokyo trading on the morning of the 27th. It briefly rose by more than 1,400 yen, topping 66,000 for the first time during trading hours. The move followed buying of semiconductor-related shares in U.S. stocks the previous day.

AI and semiconductors bought on stronger U.S. shares

On the U.S. stock market on the 26th, both the S&P 500 and the Nasdaq Composite hit record highs. In response, buying has also strengthened in Tokyo for artificial intelligence (AI) and semiconductor-related stocks.

Advantest, Tokyo Electron and Kioxia Holdings rose. SoftBank Group also hit an all-time high.

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