Tokyo stocks ended higher on Tuesday, buoyed by bargain-hunting in some heavyweight technology shares.
The benchmark 225-issue Nikkei Stock Average ended up 500.77 points, or 0.74 percent, from Monday at 67,743.50.
The broader Topix index finished 31.49 points, or 0.79 percent, higher at 4,038.98. On the top-tier Prime Market, mining, marine transportation, and chemical issues were notable gainers.
The market swung between gains and losses amid growing concern over oil supplies after U.S. President Donald Trump said Washington was reinstating a naval blockade on Iran in the Strait of Hormuz.
Analysts said persistent uncertainty surrounding the Middle East conflict, coupled with higher oil prices, is keeping investors cautious.
Heavyweight semiconductor and artificial intelligence-related shares initially tracked overnight losses on Wall Street, dragging the Nikkei index down by nearly 1,000 points at one stage.
However, bargain-hunting emerged following recent declines, lifting the market to end in positive territory.
Tokyo stocks end higher on dip buying of tech shares
Shanghai will turn its streets, shopping districts and industrial parks into a vast, interactive artificial intelligence (AI) showcase for the 2026 World Artificial Intelligence Conference, integrating cutting-edge technologies into the city's historic and modern spaces.
Instead of limiting exhibits to conventional showroom floors, city planners are turning Shanghai's distinctive urban landscape into a "super exhibition ground" to make cutting-edge AI tangible for global executives, industry professionals, and local residents.
The city will offer visitors and residents six routes connecting more than 20 distinct AI application scenarios from Saturday to next Monday. The paths are designed to showcase how deeply AI has permeated Shanghai's daily life and economic sectors, spanning from the Xuhui District's development hubs to the robotics clusters of Zhangjiang.
The six routes include "the AI Innovation Ecosystem Route," "the AI Science Exploration Route," "the AI Culture and Entertainment Route," "the Digital Intelligence Industry and Consumption Route," "the Industrial Innovation Ecosystem Route," and "the Yangtze River Delta Sci-Tech Innovation Trunk Line."
Among them is the newly built Zhangjiang AI Roadshow Center, currently in trial operation. Designed as an "industrial parlor", the center aims to help enterprises connect with clients, attract investment and enter markets through scenario-based displays and immersive experiences.
"When planning these scenarios, we actually focused on three dimensions: life, industry, and the city. We visited and surveyed a large number of enterprises across these three dimensions. By joining this WAIC initiative, we hope to open up this platform to allow more companies to enter, thereby finding more collaborations and development opportunities," said Yun Ting, head of the "Lu Innovation Zone" industrial service platform under the Shanghai Lujiazui Group.
In the Pudong New Area, the AI application store MetAI Hub spanning nearly 2,000 square meters will present the complete ecological chain from algorithm research and development to the implementation of embodied intelligence.
"We are glad to be a stop on the WAIC City Walk. We warmly welcome the public to come to our store to experience and touch the latest technologies. On July 16, our store will host a global debut for the latest commercial rollout of AI hardware," said Yuan Jingjing, a MetAI Hub representative.
Meanwhile, in Jing'an District, the META500 Tech and Art Space has transformed a historic villa into an experience center for extended reality technology, blending technology and art within century-old brick and wood structures.
"This is our first site for urban renewal, and what we have attracted are business related to tech, art, and lifestyle. At META 500, we have mature, street-facing products that are fun, visually appealing, practical, and user-friendly, all available for direct purchase," said Huang Zhiwei, executive deputy general manager of Shanghai Yuyuan Urban Renewal Co., Ltd.
The WAIC will be held from July 17 to 20 in Shanghai.
Shanghai transforms into living showroom to showcase AI tech ecosystem
