TOKYO: Japan’s Nikkei share average rose in early trade on Wednesday, led by technology stocks after US shares rebounded overnight from a sharp sell-off triggered by Chinese startup DeepSeek’s launch of AI models.
The Nikkei was up 0.8% at 39,314.32, as of 0014 GMT, after rising 1% in early trade, while the broader Topix gained 0.4%.
US stocks ended higher on Tuesday, with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains.
Japan’s Nikkei sees declines as tech shares stumble
Japan’s semiconductor- and AI-related shares popped back on Wednesday, with chip-testing equipment maker Advantest, which counts Nvidia among its customers, adding 3%.
AI-focused startup investor SoftBank Group and chip-making equipment giant Tokyo Electron also rose.
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