--- title: "Japan's stock market: Giving back gains and closing near flat, market sentiment turns cautious ahead of Nvidia's earnings report" description: "The Japanese stock market's Nikkei index closed flat on Wednesday, giving back an early gain of up to 1.2% as market sentiment turned cautious ahead of Nvidia's earnings report. The Nikkei index fell " type: "news" locale: "en" url: "https://longbridge.com/en/news/242144971.md" published_at: "2025-05-28T07:47:08.000Z" --- # Japan's stock market: Giving back gains and closing near flat, market sentiment turns cautious ahead of Nvidia's earnings report > The Japanese stock market's Nikkei index closed flat on Wednesday, giving back an early gain of up to 1.2% as market sentiment turned cautious ahead of Nvidia's earnings report. The Nikkei index fell by 1.71 points to 37,722.40 points, ending a three-day winning streak. The weakening yen had previously boosted the market, but poor results from Japan's ultra-long-term bond auction led to rising yields, dampening market sentiment. Despite the overall cautious atmosphere, Nvidia supplier Advantest's stock price rose by 1.6% Japanese Stock Market: Giving Back Gains, Closing Near Flat; Cautious Market Ahead of Nvidia's Earnings Report Reuters Tokyo, May 28 - The Japanese stock market's Nikkei index closed flat on Wednesday, giving back as much as 1.2% of its early gains, as market sentiment turned cautious ahead of the earnings report from AI chip leader Nvidia (NVDA.O) later today. The Nikkei index (N225) closed down 1.71 points at 37,722.40 points, remaining essentially flat but halting a three-day streak of gains. The Tokyo Stock Price Index (Topix) also remained flat, edging up 0.02 points to close at 2,769.51 points. Japanese stocks were initially buoyed by a significant weakening of the yen; however, poor results from Japan's ultra-long-term government bond auction led to rising yields, dampening market sentiment. The Nikkei index briefly surged to 38,178.73 points in the morning session but struggled to maintain its position above the key psychological level of 38,000 points. Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management, stated that the Nikkei index needs some additional momentum, such as further positive developments in U.S. tariff negotiations, to firmly stand above 38,000 points. He added that while the weakening yen has boosted market confidence, "it cannot be said that the currency market has stabilized." Despite the cautious atmosphere at the market close, chip testing equipment manufacturer and Nvidia supplier Advantest (6857.T) saw a 1.6% increase in its stock price. In contrast, chip manufacturing equipment maker Tokyo Electron (8035.T) turned from early gains to a 0.1% decline. Automakers mostly performed strongly in the morning session, but ended mixed. Honda Motor (7267.T) rose 1.3%, while Toyota Motor (7203.T) gave back gains, falling 0.3%. Nissan Motor (7201.T) was one of the most volatile stocks today, surging 4.6% at midday after media reports indicated the company plans to raise over $7 billion to help turn around its business. However, the stock ultimately closed down 0.3% ### Related Stocks - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [YCS.US - Pro Ultrshrt Yen](https://longbridge.com/en/quote/YCS.US.md) - [TM.US - Toyota Motor](https://longbridge.com/en/quote/TM.US.md) - [TOYOF.US - Toyota](https://longbridge.com/en/quote/TOYOF.US.md) - [TOELY.US - Tokyo Electron](https://longbridge.com/en/quote/TOELY.US.md) - [HMC.US - Honda Motor](https://longbridge.com/en/quote/HMC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | OpenAI 新一輪融資或突破千億美元 據報亞馬遜、軟銀、英偉達及微軟參與投資 | OpenAI 即將完成新一輪融資，預計籌集超過 1000 億美元，估值可能超過 8500 億美元。主要投資者包括亞馬遜、軟銀、英偉達和微軟。融資將分階段進行，預計在本年度內完成。亞馬遜可能投資高達 500 億美元，軟銀 300 億美元，英偉 | [Link](https://longbridge.com/en/news/276297991.md) | | 黃仁勳稱將發佈「令世界驚訝」新晶片「所有技術都已經逼近極限」 | 英偉達執行長黃仁勳在接受《韓國經濟日報》採訪時透露，將於 2026 年 3 月 16 日在聖何塞的 GTC 大會上發布一款「令世界驚訝」的新晶片。他表示，所有技術都已逼近極限，但有信心通過團隊合作克服挑戰。新晶片可能基於 Rubin 架構或 | [Link](https://longbridge.com/en/news/276297645.md) | | 英偉達的 13F 重磅消息：一個新的 AI 力量三人組嶄露頭角 | NVIDIA 2025 財年第四季度的 13F 報告顯示其公共股權投資組合發生了重大變化，新增了英特爾、新思科技和諾基亞，同時清倉了四個頭寸。英特爾現在是 NVIDIA 最大的持股，價值約為 79 億美元，而新思科技的持股超過 22 億美元 | [Link](https://longbridge.com/en/news/276480737.md) | | LPDDR 6 時代來臨！AI 需求太猛，下一代 DRAM 將比預期更快進入市場 | LPDDR6 性能較前代提升 1.5 倍，最快下半年正式商用，英偉達、三星及高通等巨頭正積極佈局。目前多數 HPC 半導體設計企業考慮並行搭載 LPDDR5X 及 LPDDR6 IP，特別是在 4 納米及以下先進製程芯片的設計中，需求出現得 | [Link](https://longbridge.com/en/news/276431575.md) | | 學習英偉達刺激芯片銷售，AMD 為 “AI 雲” 借款做擔保 | AMD 為擴大市場份額祭出金融 “狠招”！為初創公司 Crusoe 的 3 億美元購芯貸款提供擔保，承諾在其無客户時 “兜底” 租用芯片。這一復刻英偉達 “租卡雲” 路徑的策略雖能短期推高銷量，但也令 AMD 在 AI 需求放緩時面臨更大的 | [Link](https://longbridge.com/en/news/276401504.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.