Japan’s Nikkei and European shares hit record highs amid AI boom

8 months ago 27

Strong Nvidia results fuel optimism about tech stocks as Europe’s Stoxx 600 index reaches fresh high

Japan’s main stock index and European shares have hit a record high as strong results from the chipmaker Nvidia stoked investor exuberance over an artificial intelligence investment boom.

The Nikkei rose 2.19% to end the day at 39,098.68. On the final trading day of 1989, it had closed at 38,915.87. The 34 years it has taken to regain its footing is a decade longer than it took Wall Street to recoup losses from the 1929 crash and Great Depression.

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