Nikkei hits historic 60,000 milestone as Asian markets surge. Japan's benchmark index crossed the 60,000 yen mark for the first time, while South Korea's KOSPI reached an all-time high, driven by strong corporate earnings and easing geopolitical tensions. Tesla announced a $3 billion investment in a Texas chip plant, partnering with Intel to produce AI chips using advanced 14A process technology. This strategic move aims to reduce reliance on external suppliers and optimize hardware for autonomous driving. SK Hynix posted record quarterly profits amid surging demand for memory chips, lifting semiconductor stocks across the region. Meanwhile, geopolitical risk sentiment improved after Trump extended a ceasefire with Iran, supporting commodity markets. Gold held near $4,735 per ounce as investors weighed reduced immediate war risks against longer-term uncertainties in the Middle East.
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