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Institutional and foreign investors are buying semiconductor-related stocks, believing demand will remain strong for some time to come, according to one analyst. (Source photo by Kosuke Imamura) 
Market Spotlight

Investors rush into semiconductor stocks amid global chip crunch

South Korea and Taiwan indexes soar while Japan's Nikkei hits 30-year high

JADA NAGUMO, Nikkei staff writer | Japan

TOKYO -- Semiconductor and related companies -- hobbled by supply chain problems and unable to keep up with a deluge of orders from the consumer electronics and auto industries -- have become the darlings of institutional investors playing the long game.

Shares in Tokyo Electron have gained 14% since the end of last year, reaching an all-time high. Japan's leading provider of semiconductor production equipment expects a 15% jump in revenue to 1.3 trillion yen ($12 billion) for the year through March.

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