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Chip startup rides AI frenzy to become top-gaining topix stock

Socionext Inc. has jumped more than 245% this year, with its market value touching a high of around ¥957 billion ($6.7 billion), making it the best-performing stock on the Topix index. ....

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Chip Startup Rides AI Frenzy to Become Top-Gaining Topix Stock

(Bloomberg) Shares of a small Japanese chip design firm have quintupled since it listed in October, supercharged by expectations of a boom in silicon demand driven by artificial intelligence.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal t ....

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