Nikkei Index Surges 2.5% to 70,000: AI Stocks Drive Rally

Japan's Nikkei index soared 2.5% to surpass 70,000, marking a three-month high. This surge was propelled by strong performances from AI-driven chip manufacturers like Tokyo Electron and Advantest. The positive momentum in Japanese stocks follows Wall Street's robust gains, as weaker US jobs data eases concerns over interest rate hikes, boosting investor confidence.