Nikkei heads for best week in five months despite Nvidia turmoil
Japan's Nikkei rises on chip and AI-related gains as Nvidia faces uncertainty after reports about CEO Jensen Huang's departure, according to Reuters.
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what happened
Japan's Nikkei share average was set for its strongest weekly performance since early summer, Reuters reported on Friday. At 0140 GMT the index climbed 1.25% to 61,576.91, pointing to a weekly gain of 7.3%. The broader Topix added 0.63% to 3,962.08 and was heading for about 7% growth over the week, its best since mid-August 2024. Chip makers led the rally, with Advantest up 5.9%, Tokyo Electron gaining 3% and Kioxia adding 2.9%. The advance came even though Nvidia shares fell overnight and dragged US stocks lower. Reports about the departure of CEO Jensen Huang raised questions about the company's direction, US chip export policy and access to China.
why it matters
The rally signals that investors still see demand in AI and semiconductors despite the Nvidia headlines. Tokyo bank shares also gained as US Treasury yields rose on speculation about possible US rate hikes.
market impact
Japanese equities: chip and AI rally supports the Nikkei and Topix
- Nikkei 225 pressure up — semiconductor and AI-related shares led the index higher
instruments
on polymarket
sources
- Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil — Reuters, 13 November 2026 at 02:22 UTC
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