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The year's rise tops the world! This Japanese chip stock soared over 245% riding on the AI east wind

The global stock market around the AI investment frenzy is intensifying, and the Japanese stock market, also known as the "red hot chicken", is not shy, and AI-related Japanese technology stocks are rising fiercely. Since this year, Japan's benchmark stock index - the TSE $TOPIX(.TOPIX.JP)$ can be said to lead the rise of the Asia-Pacific, and even the global stock market, a small Japanese chip design company in the AI frenzy stimulated by a surge of more than 245%.

Since its IPO last October, shares of a small Japanese chip design company have quadrupled, largely due to expectations of a surge in demand for artificial intelligence-driven silicon. Data show that Japanese chip design company Socionext Inc. has risen more than 245% so far this year, its market value once reached about 957 billion yen (about $ 6.7 billion) of the record high, becoming one of the best-performing stocks in the composition of the TSE index, this rise even more than the AI chip "leader "Nvidia $NVIDIA(NVDA.US)$ rose 190% in the same period.

Socionext this surge can be said to be part of the global artificial intelligence-related chip stock rally, AI chip "leader" Nvidia in May unexpectedly optimistic earnings prospects to strengthen this trend so far this year. The Japanese stock market covers a number of star chip stocks, these stocks riding the AI tide rose spectacularly, including with the application of materials $Applied Materials(AMAT.US)$ , Kelek $KLA Corp(KLAC.US)$ and other top semiconductor equipment companies alongside the top equipment supplier Tokyo Electron (Tokyo Electron) rose as much as 52%, surpassing the former two.
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