Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

SoftBank shares soar 8% as Japanese tech stocks rally

SoftBank shares rose over 8% on December 3, 2025, leading gains among Japanese tech stocks after US peers rallied overnight.

Tokyo Electron climbed over 5%, Lasertec rose up to 7%, Renesas Electronics advanced more than 7%, and Advantest gained as much as 5%.

The Nikkei 225 jumped 1.6% to 50,111.8, while the broader Topix dipped slightly.

South Korea’s Kospi increased 1.3% after the country’s revised Q3 GDP showed 1.8% year-on-year growth, slightly above earlier estimates.

Australia’s S&P/ASX 200 edged up 0.2% after Q3 GDP grew 2.1% from a year earlier, missing the 2.2% forecast.

Hong Kong’s Hang Seng Index dropped 1.1%, and the Shanghai Composite slipped 0.2%.

🔗 Source: CNBC

🧠 Food for thought

Implications, context, and why it matters.

Sharp rally lacks a clear catalyst beyond US tech sympathy

  • SoftBank (technology investment group) rose over 8%; Tokyo Electron (semiconductor equipment maker) over 5%; Lasertec (wafer inspection tools maker) to 7%. Renesas Electronics (automotive and industrial chip designer) advanced; Advantest (semiconductor test equipment vendor) gained.
  • Dow rose 0.4%, S&P 500 gained 0.3%, and Nasdaq rose 0.6%. Japan’s jump lacks a spark from earnings, orders, or policy news.
  • These chip names sank in mid November as the Nikkei 225 fell 3.2% on AI valuation worries 1. The rebound looks like a technical bounce (a short-term recovery after steep declines).
  • No signs confirm upgrades to earnings or order books (backlogs) at Tokyo Electron, Lasertec, Renesas, or Advantest. The move looks like prices outrunning earnings or sentiment trading, not proof of a durable AI led upcycle.

Timing opportunity for AI infrastructure vendors targeting Japan

  • If the jump ties to AI tool demand, analysts expect global semiconductor manufacturing equipment sales to hit $125.5 billion in 2025 and $138.1 billion in 2026 2. That path helps cloud providers, Electronic Design Automation (EDA) firms, and staffing firms plan in Japan.
  • Japan has been rebuilding chip production, with $27 billion from 2020 to early 2024 and a $65 billion AI/semiconductor package in late 2024 3.
  • The country lacks an estimated 40,000 semiconductor engineers 3, so staffing agencies, online training platforms and workforce development firms can meet demand as Rapidus (a government-backed advanced chip foundry effort) plus other fabs scale output by 2027 to 2028.

Recent SoftBank developments

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.