Japan’s Nikkei 225 rose 1.31% to 61,248.59, its third straight gain, while the Topix added 0.92% to 3,929.39. Stronger manufacturer sentiment and earnings-related news helped lift optimism about AI shares.
The Nikkei 225 climbed 1.31% to close at 61,248.59 on Wednesday, while the broader Topix rose 0.92% to 3,929.39. Japanese manufacturers’ sentiment reached its strongest level in more than five years in November, with semiconductor demand underpinning broad-based optimism.
CoreWeave said it expects to become profitable on an adjusted basis in the first half of 2028. The Wall Street Journal reported that OpenAI’s quarterly revenue rose about 50% to $10 billion, while the company continued to post steep operating losses. Investors are watching for Nvidia’s third-quarter results next week; Nomura strategist Wataru Akiyama said strong results could help ease concerns about AI and semiconductor companies and support a recovery in Japanese AI-related shares.
SoftBank Group reported a second-quarter net loss of 1.1 trillion yen ($6.93 billion). Its shares closed 0.44% lower after falling more than 10% earlier in the session.
