2025.08.2806:55:14UTC+00Japanese Shares Rise After Nvidia Earnings

The Nikkei 225 Index rose by 0.73% to reach 42,829, while the more comprehensive Topix Index saw an increase of 0.65% to settle at 3,090 on Thursday. This uptick marks a partial recovery from losses experienced earlier in the week, largely driven by gains in semiconductor stocks. This momentum followed Nvidia's announcement of stronger-than-expected earnings and revenues. However, it's worth noting that Nvidia's data center sales fell short of forecasts for the second consecutive quarter, and the company revealed that it made no sales of H20 chips to China during this timeframe.

On the international trade scene, Japan faced a setback as Ryosei Akazawa, the country's chief negotiator, canceled his planned visit to Washington. He was slated to discuss Japanese investments in the United States. Domestically, market participants are now turning their attention to a series of economic reports due on Friday, which will shed light on industrial production, retail sales, and consumer confidence. Additionally, the inflation figures from Tokyo will garner significant interest, as they are seen as a precursor to national pricing trends and could provide insights into the Bank of Japan’s future policy moves.

Key market movers included SoftBank Group, which climbed 3.2%, Fujikura with a 5.5% gain, Advantest appreciating by 1.5%, while Sanrio fell by 3.6%, and Tokyo Electron advanced by 2%.