Nikkei Index strengthens, Meta's AI device release boosts CPU-related stocks.

BlockBeats news, September 24, Thursday, CPU-related stocks surged, driving the Nikkei 225 index higher, boosted by Meta's announcement of a small handheld device called "Meta Charm."

The device is designed to run Meta's new Muse AI assistant, thereby stimulating demand for key computer components. As of the midday recess, the Nikkei index rose 1.33%, while the Topix index edged up 0.12%. Kazuaki Shimada, chief strategist at IwaiCosmo Securities, said the news boosted the stock prices of other CPU-related companies.

Socionext, Meiko Electronic, and Ushio Inc all rose more than 10%. Chip testing equipment manufacturer Advantest rose 4%, and SoftBank Group edged up 0.52%. Strategists said that in recent trading, chip-related stocks have tended to withstand the impact of rising yields.