Nikkei 225 Rallies 1.73% as Anthropic Files for US IPO

Deep News16:00

Japanese stocks staged a strong rebound on Tuesday (October 27), with the Nikkei 225 closing up 1.73% at 63,268.37 points, while the TOPIX also gained 0.61% to finish at 3,997.37.

AI giant Anthropic officially filed for a US IPO. Despite remaining deeply loss-making, its astonishing revenue growth significantly boosted market optimism toward the artificial intelligence sector.

Additionally, the Philadelphia Semiconductor Index surged 2.8% overnight, providing strong upward momentum for Japanese technology heavyweights.

However, market participants noted that with US tech giants such as Alphabet and Microsoft set to report earnings this week, investors maintained extra caution even as they actively chased the rally.

Notable individual stock movers: Advantest led the Nikkei higher, with shares soaring 8.98%. SoftBank Group, as a tech investment giant, saw its shares jump 4.95%. Tokyo Electron, a leading chipmaking equipment company, closed up 3.07%.

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