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Japan's Nikkei jumps as tech results revive AI optimism
TOKYO: Japan’s Nikkei share gauge jumped on Wednesday, as results from technology firms reinvigorated optimism in the AI sector. The benchmark Nikkei 225 advanced 1.26% to 64,067.10 at the midday break. The broader Topix slipped 0.02% to 3,996.53. The S&P 500 rose 0.60% and the Nasdaq gained 1.18% on Tuesday, with technology leading sector gains and energy lagging. Meta Platforms fell overnight after it increased its equity fundraising to $97.5 billion to fund AI expansion, with Nvidia and AMD committing to the offering. On Wednesday, South Korean chipmaker SK Hynix announced shareholder r...
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