In Japanese trading on the 23rd, AI-related stocks were sold off amid concerns about the funding burden on AI companies, putting the Nikkei 225 on course to hit its lowest level in about 3 months. The yen and bonds also rose.
In Japanese trading on the 23rd, concerns about the funding burden on AI companies spread, prompting early selling centered on AI-related stocks. Related stocks, including semiconductor names, also fell, putting the Nikkei 225 on course to hit its lowest level in about 3 months.
At the same time, the yen strengthened, while the bond market also firmed.