Japanese stocks are poised for gains, tracking a rebound on Wall Street on Tuesday following Monday's artificial intelligence-driven selloff. Support for Japanese electronics and IT-related shares may come from Meta Platforms' plan to purchase over $100 billion worth of AI chips from Advanced Micro Devices. Nikkei futures on the Singapore Exchange advanced by 810 points to 58,115. On Tuesday, the Nikkei index closed up 0.9% at 57,321.09 points.
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