Selling spread across semiconductor-related stocks on concerns over excessive investment in AI, and the Nikkei average is expected to remain near its lows in the afternoon session. The decline from the morning opening was substantial, with the index also expected to fall below ¥62,000 at times.
As for the afternoon session, it has been reported that concerns over excessive investment in AI are prompting selling in semiconductor-related stocks.
The Nikkei average was down ¥240.79 at the morning opening, after which the decline temporarily widened to more than ¥1,400. It has been pointed out that the index could fall below the key ¥62,000 level and that a correction driven by worsening investor sentiment could continue.