Japan's Nikkei rallies as AI demand outlook brightens By Rocky Swift

Japan’s Nikkei 225 advanced 1.56% to 65,074.56 in early Wednesday trading, while the Topix rose 1.03% to 4,050.65, Business Recorder reported. The gains came as investors grew more optimistic about demand for artificial intelligence products, following an overnight rise in US shares and news that SpaceX had recorded its first profit as a public company.

Reports that ByteDance, Alibaba and Tencent ordered over 3 million Nvidia RTX PRO 5500 graphics processors, valued at more than $35 billion, also supported AI-related sentiment. Separately, Japan’s September exports increased 16.7% year on year, below forecasts but reflecting resilient demand for semiconductors and AI-linked products; the Nikkei had 140 advancing shares and 85 decliners.