Ticker	Volume	Price	Price Delta
DJIA	12,530.80	+75.98	0.61%
S&P 500	1,325.41	+7.59	0.58%
Nasdaq	2,852.80	+15.27	0.54%

Ticker	Volume	Price	Price Delta
STOXX 50	2,160.31	+12.39	0.58%
FTSE 100	5,391.14	+34.80	0.65%
DAX	6,396.84	+73.65	1.16%

Ticker	Volume	Price	Price Delta
Nikkei	8,657.08	+63.93	0.74%
TOPIX	727.03	+5.92	0.82%
Hang Seng	19,055.50	+254.47	1.35%

Elpida Memory Shares Advance in Tokyo After Chip-Industry Outlook Improves

By Naoko Fujimura - 2012-01-23T01:35:44Z

Elpida Memory Inc. (6665), the Japanese chipmaker, rose to the highest in more than two weeks in Tokyo trading after chip-related companies including ASML Holding NV (ASML) said industry orders may increase.

Elpida rose to as much as 368 yen, the highest level for the Tokyo-based company since Jan. 5, and traded 6.1 percent higher at 366 yen as of 10:28 a.m. Japan’s benchmark Nikkei 225 Stock Average advanced 0.3 percent.

Investor sentiment on the chip industry improved as ASML, Europe’s biggest maker of semiconductor equipment, and Taiwan Semiconductor Manufacturing Co. (2330), the world’s largest contract manufacturer of chips, predicted a rebound in demand last week.

“Their announcements have been boosting optimism for the chip sector,” Toshihiko Matsuno, senior strategist at SMBC Friend Securities Co. in Tokyo, said today by phone.

To contact the reporter on this story: Naoko Fujimura in Tokyo at nfujimura@bloomberg.net

To contact the editor responsible for this story: Anand Krishnamoorthy at anandk@bloomberg.net