Search results for Renesas
Industry
Nikkei breaks 72,000 for first time as Japan AI bet lifts semiconductor, robot stocks
Japan\'s Nikkei 225 broke above 72,000 for the first time, supported by buying in semiconductor and robot shares after the government announced a 10.5 trillion yen physical AI investment plan. The index closed up 1.55 percent at 72,353.96, its seventh straight record close. TOPIX also ended at a record. The government plans long-term investment of 370 trillion yen by 2040 and additional spending on AI infrastructure.
AI & Enterprise
SoftBank surges 16.5% as AI rally spreads to Japan stocks
SoftBank Group shares surged 16.5% on Wednesday as buying swept across Japanese technology stocks, pushing the Nikkei 225 to a record high. Japan’s market, reopening after holidays, moved higher in semiconductor and AI-linked names. Advantest gained about 7.8%, Tokyo Electron rose 9.2% and Renesas Electronics jumped 13.8%. The move followed a U.S. AI-led rally, with the Nasdaq at a record and AMD, Arm and Super Micro Computer sharply higher.
Industry
LB Semicon accelerates shift to non-DDI, starts mass production for Renesas
LB Semicon said on April 27 it has begun mass production of Renesas power semiconductors, part of a strategy to move away from a business structure centred on display driver ICs toward non-DDI and power semiconductors. It plans to build a mid- to long-term growth base by securing a global customer base in the segment. The company said it met reliability and quality standards required in the power semiconductor market.
