Japanese stocks record their biggest single-day gain in two weeks, with AI and chip stocks leading the charge

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Deep Tide TechFlow News — May 21: Fueled by renewed enthusiasm for AI concepts and expectations for Iran nuclear talks, the Nikkei 225 index rose 3.14% on Thursday to close at 61,684.14 points, marking its largest single-day gain since May 7; the Topix index climbed 1.64%. Earlier, Nvidia issued an optimistic sales forecast, boosting sentiment in US stocks and technology shares. At the same time, Trump said Iran nuclear negotiations have entered the “final stage,” causing oil prices to plunge, easing concerns about supply. In addition, news such as Samsung Electronics avoiding a strike and OpenAI planning an IPO also lifted market sentiment.

Driven by this, SoftBank Group’s share price hit the daily limit. Nomura Securities stock strategist Wataru Akiyama said, “Thanks to developments such as Samsung Electronics avoiding a strike and Nvidia’s earnings report, the market is currently being led by AI and semiconductor-related stocks.” “With crude oil prices falling, we’re seeing stocks across a broad range of industries rise.” (Jinshi)

JPN2251.7%
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