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Japan's Nikkei hits six-week high as Micron forecast lifts chip stocks
TOKYO: Japan’s Nikkei share average rose to a more than six-week high on Thursday, driven by gains in a handful of heavily weighted chip-related shares after robust earnings from Micron Technology fuelled optimism over AI-related investment. The Nikkei 225 Index rose 2.28% to 68,276.92, its highest since August 18. The broader Topix edged 0.03% higher to 4,109.4. A summary of opinions from the Bank of Japan’s September policy meeting, released on Thursday, showed some policymakers saw a need to accelerate the pace of rate hikes or move rates closer to the central bank’s target level sooner, re...
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