Nikkei 225 Hits 34-Year High on Tech Rally

The Nikkei 225 surpassed 38,000 points for the first time since the bubble era of 1990, fueled by a broad-based rally in technology and semiconductor stocks.

Tokyo Electron, Advantest, and Shin-Etsu Chemical led gains as demand for chips used in AI applications continues to surge globally.

Foreign investors have been net buyers of Japanese equities for eleven consecutive weeks, attracted by corporate governance reforms and a competitive yen.