The Nikkei 225 Index rose 0.4% to around 61,500 on Thursday, marking a fourth straight session of gains, as technology stocks continued to rebound from a recent selloff amid improving sentiment toward the artificial intelligence sector. The advance followed an upbeat outlook from AI computing provider CoreWeave, while anticipation surrounding Anthropic’s planned IPO delivered additional support.
Still, investors remained cautious after Nvidia shares fell as much as 10% in after-hours trading on reports that its board was preparing to remove CEO Jensen Huang. The news has intensified concerns about potential spillover effects across global markets—particularly among Asian suppliers—given Nvidia’s dominant position in the AI industry.
In Japan, notable gainers included Kioxia Holdings (+2.8%), SoftBank Group (+3.5%), Taiyo Yuden (+1%), Tokyo Electron (+2.7%) and Disco Corp (+1.4%).