Japan's Nikkei tracks US peers higher, climbs over 1%
TOKYO, March 13 (Reuters) - Japan's Nikkei share average rose more than 1% in early trade on Thursday, tracking a strong overnight performance in Wall Street, with chip-related shares driving the gains.
As of 0012 GMT, the Nikkei .N225 was up 1.1% at 37,235.29.
The broader Topix .TOPX rose 0.92% to 2,720.16.
U.S. stocks advanced on Wednesday as cooler-than-expected inflation data helped stanch a sharp selloff, while the escalation of U.S. President Donald Trump's chaotic, multi-front tariff war kept gains in check. .N
Chip-testing equipment maker Advantest 6857.T surged 5% on Thursday, providing the largest boost to the Nikkei. Meanwhile, chip-making equipment manufacturer Tokyo Electron 8035.T saw a 1.7% gain.
Uniqlo-brand owner Fast Retailing 9983.T rose 0.83%.
Automakers fell, with Toyota Motor 7203.T slipping 0.33% and Honda Motor 7267.T down 0.07%.
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