Japan & Lam Research

Japan: Japan's Nikkei 225 index saw substantial gains, supported by tech-related shares and positive economic indicators like manufacturing PMI and export data, reflecting a healthy market performance.

Lam Research: Lam Research's stock was up more than 5% as chipmakers recovered from previous losses.

Japan: Intervened in currency markets to support the yen. BOJ held rates.

Lam Research: Soared after reporting strong earnings, reflecting robust semiconductor equipment demand.

Japan: Nikkei fell sharply; yen at 40-year low.

Lam Research: Fell about 4% in off-hours trading.

Japan: Partnered with India on semiconductor cooperation in 2023.

Lam Research: Announced a USD 1.1 billion investment in India, a significant commitment to the semiconductor sector.

Japan: Japan, with Nikon and Canon as DUV suppliers, could face increased competition from Chinese-made machines in the future, though immediate effects are minimal.

Lam Research: Lam Research's stock declined on the news of China's DUV production.

Japan: Japan is part of the multilateral semiconductor ecosystem alongside South Korea, the Netherlands, and the U.S.

Lam Research: Semiconductor equipment maker; shares fell over 2% in pre-market.

Lam Research: Lam Research, a foreign supplier of advanced etching tools, is being negatively impacted as China's policy leads to its equipment being partially replaced by domestic alternatives and its ability to service existing equipment is hampered by US restrictions.