Sony rises over 4% in pre-market, major Japanese semiconductor manufacturer plans investment to increase production by approximately 5 trillion yen

$Sony(SONY.US)$ US stocks rose more than 4% to $90.1 in the pre-market. $Sony Group(6758.JP)$ Japanese stocks rose 5% today.

$Nikkei 225(.N225.JP)$ rose by 2.4% or more and hit a record high. Mainly high-tech stocks were strong, and the depreciation of the yen also boosted export stocks and stimulated foreign investors' motivation to buy Japanese assets. According to Nikkei Asia, major Japanese semiconductor manufacturers, including the Sony Group and Mitsubishi Electric, plan to invest approximately 5 trillion yen (31 billion dollars) by 2029 to increase production of power devices and image sensors.