Asia
Flight From Chip Risks Boosts Japan’s Gaming Stocks Ahead of Trump
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Japanese gaming stocks are emerging as unlikely winners from Donald Trump’s election, as tech investors seek less exposure to trade uncertainties swirling around China-dependent chipmaking gear companies.
Shares of console and software makers like Sony Group Corp., Nintendo Co. and Capcom Co. have seen double-digit returns since Trump won the US presidential vote in early November, outperforming semiconductor-related names like Tokyo Electron Ltd. and Screen Holdings Co. This comes after gains in chip shares outpaced video game stocks for most of 2024, until a widespread rout in August derailed Japan’s market.