Zeev's Turnips Patch-No Politics (ZEEV)

[Sherlock356]

Semiconductors rally...

Tokyo, May 12 (Bloomberg) -- Japan's stock benchmarks rose, led by semiconductor-related shares such as Tokyo Electron Ltd., after U.S. peers Intel Corp. and Nvidia Corp. said demand for computer chips is improving.

``Looking at the way semiconductor-related shares are reacting to Intel's outlook, we might be reaching a turning point where the industry has passed the worst,'' said Yasumasa Nishimura, who helps manage the equivalent of $170 million in Japanese equities at Dai-Ichi Kangyo Asset Management Co.