Mitsubishi Heavy Industries is trading at ¥3,749.00, up 4.11%, after a sharp decline in the previous session, when it closed at ¥3,601.00.
- The company announced an October 15 strategic partnership with Ingeteam to develop and distribute power solutions for U.S. AI data centers, fitting an active AI-infrastructure theme.
- Available reporting does not establish the partnership as the direct cause of the rise.
- Japan’s Nikkei was up 1.10% on October 16, offering broader-market context.