🟢 Mitsubishi Heavy Industries is trading 7.7% up today on robust Q1 earnings, GCAP jet contract, and Nvidia AI collab

Mitsubishi Heavy Industries is trading 7.7% up at ¥4,091 following robust Q1 earnings and significant contract wins in defense and AI.

• The company secured a multibillion-dollar contract for the Global Combat Air Programme (GCAP) fighter jet and announced an AI infrastructure collaboration with Nvidia.
• Shares are also benefiting from a broader bid into defense names amid heightened geopolitical tensions and solid sector sentiment, amplifying the move following the company’s strong fundamentals update.