Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weakness
4 Articles
4 Articles
The Japanese Nikki index fell today Tuesday, with increased sales in corporate shares associated with artificial intelligence following the decline in American chip shares, while geopolitical tensions increased investors' reluctance to risk.
(Seoul = Yonhap News) Reporter Kim Byung-kyu = Due to factors such as the decline in U.S. semiconductor stocks, the Nikkei 225 average stock price (Nikkei Index) on the Tokyo Stock Exchange on the 13th... at 1:10 PM on this day.
Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weakness
Japan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness. Geopolitical tensions and inflation concerns added pressure, with wholesale prices rising 6.8% year-on-year in September. Kioxia Holdings plunged 13.02%, while shipping stocks gained despite broader market weakness.
Tokyo – Japanese stock markets fell Tuesday amid continued selling of AI-related stocks and weakness in US semiconductor stocks. Geopolitical risks further weighed on investor sentiment. The Nikkei 225 index fell 2.64% in early trading to 67,206.79, setting expectations for a fourth consecutive day of declines. The Topix index fell 0.56% to 4,081.76. The Nasdaq Composite Index, which is heavily weighted towards Wall Street technology stocks, fel…
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