(Updates prices, adds details throughout)
By Kevin Buckland
TOKYO, Oct 31 (Reuters) - Japan's Nikkei share average
climbed to an all-time high on Friday, as tech stocks jumped
following strong sales forecasts overnight from Apple ( AAPL )
and Amazon ( AMZN ).
A weaker yen was also a tailwind for Japan's heavyweight
exporters, following its slide to a record low against the euro
and the lowest level since February versus the dollar
on Thursday.
The Nikkei rose as much as 2.1% to an unprecedented
52,391.45 in early trading.
The broader Topix gained 1.4% to reach a record high
of 3,348.06.
Chip-sector shares were among the biggest gainers. Socionext ( SOCNF )
soared 16.7%, and Advantest advanced 2.7%, which was
enough to make it the Nikkei's largest gainer in terms of index
points due to its heavy weighting. Renesas rallied
9.2%.
Artificial intelligence data centre-related shares also
gained, with Hitachi ( HTHIF ) jumping 9.3%. AI-focused startup
investor SoftBank Group ( SFTBF ) gained 2.8%.
Sony Group ( SONY ) rose 4.5%.
On Thursday, Apple ( AAPL ) Chief Executive Tim Cook gave forecasts
for holiday-quarter iPhone sales and overall revenue that
surpassed Wall Street expectations.
At the same time, Amazon's ( AMZN ) cloud revenue rose at the fastest
clip in nearly three years, helping the company forecast
quarterly sales above estimates.
(Reporting by Kevin Buckland; Editing by Himani Sarkar and
Subhranshu Sahu)