The Nikkei Stock Average recovered 589.37 points, or 0.93%, to 64,082.36 by Tuesday's midday break in Tokyo, reversing an early decline as investors bought AI and semiconductor-related shares after a previous-session rout. SoftBank Group rose 9.13% after plunging 10.7% in the prior session, while Kioxia Holdings, Advantest and Tokyo Electron also advanced. The broader TOPIX slipped 1.15 points, or 0.03%, to 4,057.06 as banks and other value-oriented shares weakened amid concern over higher interest rates. Trading on the Tokyo Stock Exchange Prime Market reached about ¥3.56 trillion, or $23.0 billion. Investors were reassessing whether warnings from U.S. artificial intelligence executives would reduce hyperscalers' capital spending, but strategists said short-term funds appeared to be driving the rebound and its durability remained uncertain. Leopalace21 was locked in unfilled buy orders after Hikari Tsushin and investment funds announced a tender offer at ¥1,000 per share. The Bank of Japan and Federal Reserve meetings were expected to keep rate expectations and the AI investment outlook in focus.