Why Nikkei 225 (JP225) rose 1.70%
Nikkei 225 (JP225) rose 1.70% on September 25, 2026 — Chip stocks & dividend buying drive Nikkei higher.
What happened
Tokyo's chip stocks and dividend-linked buying lifted the Nikkei 225 by 1.7% in Asian trade, with SoftBank a notable laggard despite the sector strength.
Why it moved
Chip sector momentum—likely tied to broadening AI capex sentiment across semiconductors—combined with tactical dividend harvesting in January, created dual tailwinds for equities in Japan's low-rate environment where…
Why it matters
Japan (Yen & Equities) theme: the Nikkei is rebounding on tech-led mean reversion and domestic liquidity flows, positioning it as a beneficiary of the same AI supply-chain acceleration driving global chip demand.
What would break the thesis
SoftBank's Oracle-linked weakness and any fade in chip buying momentum into session close could stall the rally; a broader risk-off in US indices overnight would also undercut the carry-trade bid underpinning Japanese…