On the Tokyo stock market on the 25th, the Nikkei Average continued its upward trend, reaching an intraday high of 58,200 yen, surpassing its previous record of 58,015 yen set 12 days prior. This increase was powered by a positive trend linking back to gains in major U.S. stock indices the previous day, alongside the favorable impact of a weaker yen against the dollar, which underpinned stock prices. The Nikkei initially opened at 57,695 yen, 374 yen higher than the previous day’s close, surpassing the highest closing price of 57,650 yen recorded 10 days earlier. Noteworthy gains were seen in AI and semiconductor-related stocks, such as Advantest and Tokyo Electron, which helped broaden the overall rise in stock prices in the market. Furthermore, in the foreign exchange market, the dollar-yen exchange rate fluctuated in the late 155 yen range. Reports emerged indicating that Prime Minister Sanae Takaichi expressed reservations about further interest rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda, which contributed to the swift depreciation of the yen. Analysts suggest that ongoing anticipation regarding AI infrastructure development in the U.S. contributes to a solid outlook for AI-related stocks in Japan as well.