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.