Tokyo Electron winning streak hits 15 days on chip industry hopes

Japan's top chipmaking equipment provider surpasses $80bn in market cap

20210915N Tokyo Electron

Tokyo Electron stock has climbed 26% over the course of the 15 sessions.

MASAYA SATO, Nikkei staff writer

TOKYO -- Tokyo Electron stock gained for a 15th straight session in Tokyo on Wednesday, as overseas investors bet on sustained growth in the semiconductor industry.

Japan's largest producer of chipmaking equipment closed the session up 1.5% at 56,470 yen. The stock has gained 26% over the course of the 15 sessions, putting the company's market capitalization at over 8.8 trillion yen ($80.1 billion).

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