Nikkei Closes at Record High as AI Shares Drive Rally
The Nikkei hit a fresh record on **22nd May (news-on-japan)**, led by AI and semiconductors, as Middle East easing reduced oil worries and rate pressure paused. - (22nd May, news-on-japan) Nikkei closed **+1,654** above the prior **May 13** record, briefly topping **63,400**. - (21st May, news-on-japan) **Arm** shares jumped after **NVIDIA**-driven demand expectations, lifting SoftBank and Japan’s chip sentiment. - (7th May, news-on-japan) The index earlier surged **+3,300** to the **62,000** range, signaling momentum before the next breakout. - (earlier this week, news-on-japan) Long-term yields briefly reached **2.8%**, then stabilized, helping reverse semiconductor selling pressure. - (22nd May, news-on-japan) Gains were uneven—TOPIX rose modestly and many Prime stocks fell—reinforcing *concentration* in a few AI names.
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