Tokyo stocks end higher on strong chip shares-Xinhua

Tokyo stocks end higher on strong chip shares

Source: Xinhua

Editor: huaxia

2025-06-04 18:15:15

TOKYO, June 4 (Xinhua) -- Tokyo stocks ended higher Wednesday with the Nikkei index snapping a three-day losing streak, boosted by semiconductor-related shares on the back of robust demand for artificial intelligence.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 300.64 points, or 0.80 percent, from Tuesday at 37,747.45.

The broader Topix index, meanwhile, finished 14.02 points, or 0.51 percent, higher at 2,785.13.

On the stock market, heavyweight chip issues tracked advances by their U.S. counterparts overnight after U.S. technology giant Meta Platforms Inc. announced it signed a deal to secure electricity from a nuclear plant to meet growing power demand from AI and data centers, analysts said.

Shares were also lifted by some export-oriented auto and machinery issues climbing on the yen's depreciation.