The Nikkei 225 opened sharply lower on the 6th, while investors began picking up undervalued stocks, including AI-related names. Movements in AI-related stocks, led by Taiyo Yuden, drew attention, and a US AI-focused fund was also reported to have disclosed a large holding in and sale of Taiyo Yuden.
The Nikkei 225 fell ¥3,643 from the previous day on the 6th, recording the third-largest decline in its history. While pessimism intensified across the broader market, buying began to emerge in AI-related stocks including Taiyo Yuden, viewed as “bargain stocks.”
Following the day’s trading, Taiyo Yuden’s share price was reported to have moved sharply higher in afternoon trading. At the same time, the impact of falling AI semiconductor stocks was also cited, and reports said that profit-taking selling could spread in some phases of the market.
Information was reported that a US AI-focused fund had disclosed a large holding in and sale of Taiyo Yuden, while Nomura Holdings’ share price continued to decline under the impact of the market sell-off.
Taiyo Yuden’s share price was reported to have risen “against the market,” while headlines also referred to a sharp fall, leaving continued uncertainty around the price movements of AI-related stocks.