Japan’s Nikkei Stock Index Surges to an All-Time High

Japan’s Nikkei Stock Index Surges to an All-Time High

Japan’s Nikkei Stock Index , Surges to an All-Time High.br The Nikkei 225 reached an br all-time high on Feb. 22, AP reports. .br It closed at 39,098.68, surpassing the record of 38,915.87 that was set in December of 1989.br Shares related to computer chips helped br to lead the rally on Feb. 22, AP reports.br On Feb. 21, Nvidia reported that its fiscal Q4 br revenue jumped from $6.05 billion to $22.1 billion.br Accelerated computing and generative br AI have hit the tipping point, Jensen Huang, founder and CEO of Nvidia, via statement.br Demand is surging worldwide across br companies, industries and nations, Jensen Huang, founder and CEO of Nvidia, via statement.br Meanwhile, shares in Tokyo Electron, Advantest Corp. and SoftBank Group Corp. were up 6, 7.5 and 5.1, respectively. .br Prior to the recent surge, Japan's br benchmark rate has stayed at -0.1 br for more than 10 years, AP reports. .br But within the past few months, br Tokyo share prices have risen 15.br The past year has seen a br 44 increase in share prices. .br As Japanese companies show br signs of change I think investors br are taking a closer look, Hiromi Yamaji, group CEO of the Japan Exchange Group, br via an online briefing sponsored by 'The Financial Times'.


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Uploaded: 2024-02-22

Duration: 01:30

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