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Japan's once-overlooked chip sector suppliers drive Nikkei rally

TOKYO -- The Nikkei Stock Average's record-making rally approached the 40,000 milestone on Friday, buoyed by the strong performance of Japan's previously unnoticed gems in the global semiconductor industry.

Chipmaking equipment manufacturer Tokyo Electron climbed 5% at one point to touch a new record high. This followed the rises by American chip companies Nvidia and AMD in the U.S. market on Thursday.

Read more on asia.nikkei.com
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