The most-read article on Kabutan from July 11 to 17 was a feature introducing five leading stocks related to nuclear fusion power generation, which is attracting attention as a national project. The Nikkei Stock Average fell sharply on Friday the 17th, dropping over 4,000 yen at one point to the 62,700 yen level, marking a correction of around 8,200 yen from its June 25 peak. However, a market column argued that it is too early to call the end of the AI and semiconductor rally. Thanks in part to strong earnings from TSMC, AI semiconductor demand remains robust and is expected to continue over the medium to long term, though risks surrounding US AI investment and monetary policy were also noted. In the rankings, features on growth stocks that screened 37 companies with upward earnings revisions and high dividend yield stocks also placed high.
Taiwan Semiconductor Manufacturing Co. Ltd.Strong earnings from TSMC indicate robust AI semiconductor demand, supporting positive outlook.