Japan's Nikkei jumps 1.56% as AI chip demand and strong exports boost markets

Japan's Nikkei 225 rose 1.56% to 65,074.56 on Wednesday, driven by renewed optimism over artificial intelligence demand and gains on Wall Street. The broader Topix index also advanced 1.03% to 4,050.65. Sentiment improved after reports that ByteDance, Alibaba, and Tencent ordered over 3 million Nvidia graphics processing units worth more than $35 billion. Japan's September exports rose 16.7% year-on-year, highlighting resilient global demand for semiconductors and AI-related products. Market breadth was positive, with 140 stocks advancing against 85 decliners in the Nikkei 225. Mitsui Kinzoku led gainers with a 7.10% rise, while Toho was the biggest loser, falling 3.41%.