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Kioxia, Advantest and Other Major Semiconductor Stocks See Concentrated Buying, Short Covering Triggered by SOX Index Surge of Over 6%◇

Wed Apr 1, 2026 9:08 am JST Catalyst

Kioxia Holdings <285A> rebounded sharply for the first time in five trading days, while ADVANTEST CORPORATION <6857> and Tokyo Electron Limited <8035> also staged strong rallies, with major semiconductor sector stocks across the board starting with buy indications and turning to rebounds. In the previous day's U.S. stock market, both the Dow Jones Industrial Average and the Nasdaq Composite Index rose significantly, with the Philadelphia Semiconductor Index (SOX Index), composed of semiconductor stocks, surging over 6%. Nvidia was bought up 5.6%, Applied Materials gained 5.8%, and SanDisk jumped 11%. As expectations spread that the U.S. would end military attacks on Iran, moves to unwind short positions in the near term drove semiconductor-related stock prices higher. In response, short covering of related stocks accelerated in the Tokyo market as well.

(Note) The "◇" symbol at the end of the title indicates that the article contains multiple stocks.

Source: MINKABU PRESS

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