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Japan's Nikkei 225 index surged 2.4% to 68,355.81 in early Thursday trading, driven by investor appetite for technology stocks despite persistent geopolitical tensions in Iran.
The rally in Tokyo contrasted sharply with the broader Asian market, where shares were mixed as traders weighed economic data against the risk of a prolonged conflict.
The strength in the Japanese benchmark was fueled by gains in companies expected to benefit from robust demand in computer chips and artificial intelligence growth.
Advantest Corp., Tokyo Electron, and SoftBank Group Corp. all rose during the session, reflecting a broader sectoral rotation toward technology-related issues. Other Asian markets showed less enthusiasm.
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