Japans Nikkei rises as Anthropic IPO filing lifts AI-related shares

What happened: Japan's Nikkei rebounded as optimism returned to the AI sector after Anthropic filed to list its shares in a US IPO. Key numbers: Nikkei 225 rose 1.73% to 63,268.37. Topix rose 0.61% to 3,997.37. Philadelphia chips index rose 2.8% overnight. Advantest surged 8.98%, SoftBank Group rose 4.95%, Tokyo Electron added 3.07%. Why it matters: A Daiwa Securities strategist said the market was relieved by the Anthropic IPO news, while heavyweight tech stocks tracked the US chip index gain. Investors remain cautious about buying ahead of US hyperscaler earnings this week. Coverage: 11 outlets in 24h

Japan's Nikkei rebounded as optimism returned to the AI sector after Anthropic filed to list its shares in a US IPO.

A Daiwa Securities strategist said the market was relieved by the Anthropic IPO news, while heavyweight tech stocks tracked the US chip index gain. Investors remain cautious about buying ahead of US hyperscaler earnings this week.